Published on Zero Hedge (http://www.zerohedge.com)
China Soars Most Since 2009 After Government Threatens Short Sellers With Arrest, Global Stocks Surge
By Tyler Durden
Created 07/09/2015 - 06:57
The Shanghai Composite Index had dropped as much as 3.8% to a 4 month low before the news that the cops were going to arrest anyone who was caught "maliciously shorting stocks", when everything suddenly took off, and the SHCOMP closed a "Dramamine required" 5.8% higher, the biggest daily increase since March 2009! Stocks around the globe followed, with US equity futures wiping out much of yesterday's losses and up 1% at last check.
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