Slaughtering Pigs, Singapore Influencer: Saturday Asia Briefing

Something for the weekend.

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Photographer: Jonathan Wong/South China Morning Post via Getty Images

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Bulls and bears make money, pigs get slaughtered, says the old market maxim, referring to the fate of investors who take on too much risk. It’s the porcine element that we will concentrate on this week.

An “atmosphere of optimism” has broken out across China, the People’s Daily reports, though it doesn’t seem to have permeated the stock market, which had another nervous week. And while the Communist Party mouthpiece says “the people’s sense of gain” has been “significantly improved,” money seems to be flowing out of the country at an alarming rate.