Shanghai SE up another 37 pts last night. That is...
Is this the exchange that only Chinese nationals can trade on? If so, I really don't see the value w.r.t. KNDI. Maybe one could stretch and refer to the "wealth effect" on consumer buying patterns and hence the likelihood of buying cars, but IMO that's about it.
What I believe we need to track (or find if it exists) is an index of Chinese Reverse Merger Stocks to gauge that sentiment which I believe is one of the major downward forces on KNDI right now, especially if we're not going to get any PRs from the company for a while.
I would also love to hear any reviews of the (in Chinese) message board I read about dedicated to the recent "test drive days." Is the board company moderated, or are all postings accepted?