Seeking Alpha

The Shanghai Composite slides 1.3% to close below 2,000 for the first time since the early days...

The Shanghai Composite slides 1.3% to close below 2,000 for the first time since the early days of 2009, and now off 42% from a mid-2009 peak. Volume remains anemic as well - by one measure the slowest since early 2008. Are things getting too cheap? Mainland-listed A-shares are trading at their biggest discout to their Hong Kong-listed peers since June 2011.
Comments (1)
  • Does seem tempting but I know f-all about this index. Anybody have some links to stuff that is interesting?

     

    Doesn't seem like there would be much currency risk here assuming the US dollar peg applies here.
    27 Nov 2012, 09:17 AM Reply Like
DJIA (DIA) S&P 500 (SPY)