Send for the PPT!
Halloween is still just around the corner, but Chinese stocks are looking more than a bit spooked right now.
The index was whacked down to 4-year lows this week.
This has included heavy losses for the so-termed 'BATS' stocks (Alibaba, Tencent, and, um, those other ones...), despite Alibaba still recording enormous year-on-year sales growth.
Taking a longer-term technical perspective Chinese stocks have been in a two-decade uptrend.
Until now.
And when it comes to China this can only mean one thing.
It's time for some soothing messages...and to send for the Plunge Protection Team!
