Smile! Chinese State Media Shows Happiness After One-day Stock Turnaround

Here's the simple way to convey confidence in the stock market

Relieved shareholders are all smiles after the Shanghai Composite index rose by 5.76 percent on July 9, closing at 3700.

The Economy

China’s stock market volatility has made global headlines of late, after the market lost $3 trillion in value in mere weeks. But after yesterday’s mild rebound in the Shanghai Composite, the Chinese state-run media machine has published a series of photos showing how happy people are that the turnaround might finally have arrived.

As these photographs show, everything is fine, and all is well. Unlike the recent bad weather brought on by twin typhoons striking China, the storm has broke on financial markets, and there’s nothing but smooth sailing from here on.

Yes, Chinese stock market speculators have been shown to be smiling ear to ear against a backdrop of red blurry numbers throughout the years, showing that no matter how bad things get, a toothy grin will signal when the storm is over.

Here’s how things looked in December 2014:

August 2014:

June 2014:

In 2013:

September 2012:

May 2012:

December 2011:

October 2011:

And lastly, this chestnut from all the way back from October 2008:

Now, that’s a lot of happy people. But hey, if there’s ever a lack of smiles for whatever reason, there’s always a more direct way to express confidence as seen in this picture from last May:

Charles Liu

The Nanfang's Senior Editor