Chinese equities remains close to session lows ...Middle East

Chinese equities have seen better Mondays...The CN50 was down close to 14% a bit earlier in the session, after the NDRC presser left markets feeling uninspired. Many were looking for the presser to include a new batch of additional stimulus measures.However markets didn't get that, and Chinese equities were taken to the woodshed so far today.But before the 'I told you China stimulus was bearish' victory lap gets out of hand, it's important to view today's move in the right context.When something goes up over 40% in roughly two weeks, a punchy pullback at some stage should hardly be a surprise.I'm sure this move has hurt both the late buyers who bought the lows, as well as caused emotional da

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