China stock market crisis: no one can yet say if Beijing's action has been a success
by Jennifer Duggan in Shanghai from on (#DY0K)
As share prices rebound to record best two days since 2008, there is debate among analysts about whether the government's action was too heavy handed
As the east coast of China was put on high alert for the approach of super-typhoon Chan-hom, it was not clear whether the financial storm that has rocked the country's stock markets had blown itself out.
Share prices rebounded to record their best two days since 2008, but many individual investors would still have been nursing big losses after the Shanghai Composite Index plunged nearly a third since its mid-June peak.
It is a running joke that no one starts their real job until 3pm, when the markets close
Related: Why is China's stock market in crisis?
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