Beijing's Stock Exchange 50% index has been sliced lower by 6%.
Yesterday's news didn't inspire confidence:
- Beijing Stock Exchange has asked major shareholders of listed companies not to reduce holdings even if they are eligible to do so
- Beijing Stock Exchange reportedly calls for 'major shareholders' to refrain from selling
Former Chinese President Hu Jintao being escorted out.
Former Premier Li Keqiang is dead.
Maybe following instructions from Xi is a smart move.
