Mainland China Stock Market Warning
This translated from this week’s Modern Weekly:
As a Chinese person, I am worried about stock markets in mainland China. Looking at history as a guide, anytime a stock market has reached a condition of 50 – 60 times earnings, the result is massive losses. The mainland China stock markets are absolutely bubbles.
Li Jiachen recently issued a pointed warning against the recent highs reached by mainland China stock markets, showing that they are in a bubble state.
No… really? I better get out there and sell my shares right away!
