Bloomberg: U.S. Dot-Com Bubble Was Nothing Compared to Today’s China Prices

[grubb]

I suggest taking statistics with a pinch of salt. Everybody can generate a different number to justify their case depending on how they slice and dice the data. The shanghai PE and Hong Kong PE may be biased towards the banks and property companies which have low PEs now due to their widely known problems. And I can't seem to get such a PE for shanghai no matter how I slice and dice, maybe something wrong with my chopping board..