China’s Shanghai Stock Market up 200% YOY, Hits New Record – 5421
Yup… despite warnings on this blog about China stocks being valued at incredibly lofty levels, prices continue to rise. Shanghai’s benchmark index passed 5400 again to hit a new record of 5421.39 yesterday, and are currently above the 5400 level right now as well.
China’s Stock Markets Up More Than 200% YOY
But more shocking than this is the fact that this composite is up 215% over the past 52 weeks. Almost unbelievable.
