how do you view the economists claim bubble
Secondly, Chinese stocks rose quickly unhappy? In the fourth quarter of 2006 and 2007, China since January stockmarkets do some too quickly, but if the Chinese stock market operation and the development of China’s economy, linked to examine the whole process with this will come to different conclusions. On mbt shoe June 14, 2001, the Shanghai stock market reached 2245 points, from 2001 to 2006, China’s GDP rose to 95933 billion yuan from 209407 billion yuan, up 118.3%, while at the same time, stock index only even now, remove the ipo 29 points virtually increased the 400-500 points, share price rise only 200 points, more than 5 years only rose 10%; February 10, 1993, the Shanghai index 1528.51 points, to reach from 1500 points to 2,900 point, the Shanghai stock market whole experience for 14 years time. Such calculating come, China’s stock markets rising speed unhappy? Fast!
Thirdly, Chinese stocks rise over but? Judge market is to see whether reasonable, not only to see the stock market itself, the social interest rates. In modern market economy, interest rates three basic mechanism function, namely, decided to financing costs, for monetary asset pricing and the theory of Mbt shoes monetary market earnings. At present our country the one-year deposit interest rates 2.52%, remove 20% is fexed, actual deposits, such, 2.016% yields are in money market theory 49.6 times price-earnings ratio is. According to such p/e ratio level, China’s stock markets rose after but? But!
The third point, how do you view the economists claim bubble theory? Whether in China or abroad, there are a number of eat “bubble rice” economists, their fame, status and honor with “bubble theory” mostly have direct or indirect relations. A recent period, the Chinese stock market sing empty at home and abroad is almost economists perform an action, and co-star, a chorus of an unprecedented scale short “.