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China A-Share Account Openings

Merely to demonstrate that the huge run up in the Shanghai is yes, due to China's easing (initially) as well as new A-share accounts in anticipation of a decision today.  Just to give your brain an example, $6.5 trillion has been added to the value of Chinese equities in just 12 months: That's enough to buy Apple Inc, eight times over.  Yes, it could be a bubble or the establishment of a new trend.  If a bubble, however, it can go on for quite some time before popping so I'd rather stay on the long side myself (until a major problem arises)

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