Friday, June 19 2015 was a very rough day for investors in China, over the last week the Shanghai composite index has fallen more than 13%.
Analysts at three major investment and analyst firms across the United States have been issuing “Bubble Alerts”, warning that many Chinese stocks are dangerously over-valued, and the Chinese stock market may on the brink of crisis. The median Chinese stock is currently valued at 95 times earnings, compared with an average of 18 times earnings with companies listed on US exchanges.
Read more about the Chinese bubble here: http://www.bloomberg.com/news/articles/2015-06-19/china-stocks-enter-correction-as-blackrock-sees-bubble-bursting
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