Chinese stock market being pump and dumped by sophisticated professionals?

[cylonmaker2053]

Stock Market 101 (Chinese Edition)

haha so true!

[Buck Fankers]

Stock Market 101 (Chinese Edition)

[luckybit]

The reality, however, is most investors are in the red – in fact, it is likely no money has been made during this equity boom whatsoever. The reason is because peak inflows occurred just before the recent selloff; money lost by latecomers is greater than gains made by earlier investors.”

[luckybit]

http://www.abc.net.au/news/2015-07-03/panic-on-chinas-share-market-as-stocks-lose-3-7-trillion/6594316

http://abcnews.go.com/International/wireStory/china-create-19b-fund-support-plunging-stock-market-32222600
3.7 trillion dollars?  Can someone from China please comment on this and let us know if it might impact our markets? Particularly Bitshares?

For months, state-owned media had encouraged ordinary Chinese to load up on shares. Many Chinese individual investors borrowed heavily to buy stocks — taking out so-called margin loans. And the rising stock prices encouraged companies to raise money by issuing shares and to use the proceeds to pay down debt.

Can anyone call the bottom to this?