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Home > China's Stocks Worth 50% More Than Rest Of BRICS Combined

China's Stocks Worth 50% More Than Rest Of BRICS Combined

By Tyler Durden
Created 12/19/2014 - 19:30
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/19/2014 19:30 -0500



 

Thanks to the massive surge of speculative trading account openings, Chinese stocks are up 28% in the last month and a stunning 52% since China unleashed 'QE-Lite'.

[7]

 

This has sent the total market capitalization of China's stocks soaring relative to the rest of the BRICS.

[8]

 

In fact, Chinese stocks are now worth 55% more than Brazil, Russia, India, and South Africa combined... the most ever.

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It appears The PBOC needs to force delever again...

 

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Source URL: http://www.zerohedge.com/news/2014-12-19/chinas-stocks-worth-50-more-rest-brics-combined

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