Companies with a primary listing in China are valued at $10.05 trillion, an increase of $6.7 trillion in 12 months
Stock valuations in China are now the highest in five years and margin debt has climbed to a record, according to an analysis made by Bloomberg.
The value of Chinese stocks rose above $10 trillion for the first time, the data compiled by Bloomberg indicated.
Companies with a primary listing in China are valued at $10.05 trillion, an increase of $6.7 trillion in 12 months, the data added.
No other stock market has grown as much in dollar terms over a 12-month period, as Chinese individuals piled into the nation’s equities using borrowed funds, Bloomberg said in its report.
The value of Chinese stocks rose above $10 trillion for the first time, the data compiled by Bloomberg indicated.
Companies with a primary listing in China are valued at $10.05 trillion, an increase of $6.7 trillion in 12 months, the data added.
No other stock market has grown as much in dollar terms over a 12-month period, as Chinese individuals piled into the nation’s equities using borrowed funds, Bloomberg said in its report.
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