- Joined
- Apr 26, 2005
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Hi Guys
The Chinese stock markets have had a great run, but the bubble may now be bursting:
http://uk.businessinsider.com/chinese-stocks-are-getting-smashed-to-pieces-2015-6
http://www.independent.co.uk/news/b...ck-market-bubble-about-to-burst-10346773.html
The property market had also crashed, hence people had been moving their money into stocks.
As a lot of margin debt has been used, further dips could fuel a crash.
Clearly if their stock market does crash, there could be repercussions around the globe.
The Chinese stock markets have had a great run, but the bubble may now be bursting:
http://uk.businessinsider.com/chinese-stocks-are-getting-smashed-to-pieces-2015-6
http://www.independent.co.uk/news/b...ck-market-bubble-about-to-burst-10346773.html
The property market had also crashed, hence people had been moving their money into stocks.
As a lot of margin debt has been used, further dips could fuel a crash.
Clearly if their stock market does crash, there could be repercussions around the globe.