China’s stock market is about to collapse

Sunday, June 21, 2015
By Paul Martin

HangTheBankers.com
June 20, 2015

It’s been an ugly week for Chinese equities, but today’s performance is a whole other level of ugly:

Today marked the fourth largest decline of the Shanghai Composite in two decades.

We’ve discussed the insane valuations on the Shanghai and Shenzen stock-exchange before. As our regular readers will know, today’s fireworks have been a long time in the making.

Today the benchmark Shanghai Composite plunged 6.4%. That brings the carnage for the week to a total of 13.3%.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter