PB in terms of Shanghai. It has occurred to me that that the numerous extreme monetary experiments by the US, Europe and Japan have relegated the SHCOMP to being a serial underperformer as it has been the only major market that has chosen not to explicitly weaken its currency
If this changes, I think SHCOMP could re rate from being the cheapest major equity market in the world to being at least on a par.
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PB in terms of Shanghai. It has occurred to me that that the...
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