Imagine this ... just when the China government seemed at a lost how to control the overheating of its' economy and contain the rapid strong gains of its' bourses (22 out of 25 weeks of market strong gains when only 20 months ago, China's bourses were floundering at 8-year lows) ... all it takes is one rumor ... 20% capital gains tax on security investments. :roll:

Guys, had you check out an article on Manila Times today titled "Chinese investors unfazed by chaos"? I find it very odd, ironic, hilarious and interesting, anyway here goes some of the article:
".... 130,075 new individual trading accounts were opened in Shanghai & Shenzhen after biggest 1 day lost ... staff at Beijing branch of CITIC Sec. were busy wednesday fending off an insistent crowd of new account applicants ... its been like this since last year when the market kept going up, but i think there are even more people now because they feel stock prices are now CHEAPER! said Canyu one of the branch managers ... such was the rush that he eventually called in building security guards to keep order ... one applicant named Yan quote: 'they say they can't open any more new accounts today but I'm not leaving until they do ...' "

TOTALLY AMAZING. ISN'T IT? :roll: