Weekend - China pledged to stabilise markets but policymakers offered no specifics ...Middle East

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The headline has been used a bazillion times in the this plunge for Chinese stocks. Stocks were slammed to a new low (for this cycle, and for 5 years) for the Shanghai Composite on Friday. CSI300, ditto, this index has hit a record sixth straight month of lossesOver the weekend the talking heads were at it, trying to prop up the dream. China Securities Regulatory Commission (CSRC) vowed on Sunday to prevent abnormal fluctuationsoffered no specifics on how they plan to do do soCSRC said it would guide more medium- and long-term funds into the market and crack down on illegal activities including malicious short selling and insider tradingChinese Academy of Social Sciences said over the weeke

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