Bursting the China Bubble

Josh Brown wonders if the Chinese stock bubble just burst.

Shanghai’s A shares market has just corrected by 13% over the last week, one of the biggest pullbacks for Chinese stocks on record. Is this a buyable pullback in a longer-term uptrend or the beginning of the end.

I don’t know the answers to these questions, nor will anyone until after the fact.

Check out the Shanghai Composite over the last two weeks:

One year ago, the index was a little over 2,000.

Posted by Eddy Elfenbein on June 19th, 2015 at 11:09 am

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