China Index is extremely high in last few weeks. It must start reversing I guess as China is involving in all sorts of troubles nowadays. Do you guys think China Index will start with a big gap and sell pressure next week?
It seems to me that China is now in about the same situation as many other countries, simply because China was the first country to cope with the virus (although it is worth recalling that this is where the virus started and the country has been coping with it even longer than others). And it was noticeable by the value of stocks in Chinese companies, etc. But it was also a short-term and temporary phenomenon, which resulted in what we are seeing now. I think it will take a definitely long time for the whole world to get back to normal. Or maybe a new framework will be formed to which we will all have to adapt. And we have to be prepared for that.
