The board may be dead, but China stocks are not. A shares totally crazy
H shares turning crazy:
It's an tsunami of new retail money coming into the market through Chinese brokerages. Heavily focused on trends and themes. Not much focus on long-term value and governance. Mainland chat boards playing a big role.
At some point some of this money is going to hit the US listings. Starting to feel like they are being accumulated, but I think there's much more to come.