China PPT in the market? Shanghai Composite surges off its opening lows - ForexLive

What is it the PPT is referred to as in China, the 'National Team'?

Have they popped in for a visit? 

Shanghai Composite opening minutes of trade: 

While the bounce is impressive the goal will probably be more realistically to slow the decline. 

Elsewhere in the region, as I update:

• HK's Hang Seng is +1% or so
• Nikkei +0.2%

On Globex US futures (S&P500) is up also (evergreen sentence for the past decade yeah?) 

Earlier I posted on the drop for iron ore futures - bounce for these now also. 

ForexLive

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China PPT in the market? Shanghai Composite surges off its opening lows - ForexLive
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