China’s equity markets ended a nerve-shredding month with a large bounce in the final hours of trading today. There are echoes of the bubble in 2007 and 2008 when prices swung wildly in both directions both on the way up and on the way down. A key difference though is that valuations today are not nearly as stretched.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services