The Shanghai Stock Market: Update

The Shanghai Market closed up rebounding nearly 20% from the four-month low hit on Thursday. It seems to be working. But it is still nearly 20% down from the market high in June.
The latest measures from regulators involved cracking down on “grey-market” margin lending, which is flooding the market with leveraged stock bets. They will also clamp down on investors creating fake trading accounts. Looks like the Chinese authorities are learning fast about free market economics!