In relation to the volatile trading in China stock market, Anbound"s chief researcher, Chen Gong is of the view that although there are a few incidents in the stock market, there was neither conspiracy nor illegal short selling, what really happened was a large scale movement of hot money. When the stock market hit above 4000-5000 points, it is only natural for the hot money to consider leaving the market as they have made considerable profits. As such, once market sentiment has soured, there is no way policy interventions can revive it.
