Crucial detail left out: Even after these drops SHSZ300 and .SSEC are still valu... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		nabla9 on July 27, 2015 \| parent \| context \| favorite \| on: China stocks drop over 8% Crucial detail left out: Even after these drops SHSZ300 and .SSEC are still valued almost 2X from what they were year ago. This is crazy within a year bubble that is bursting. There will be several 8% drops until markets have retreated just one year.

korisnik on July 27, 2015 | [–]

It's not left out, the article clearly states that the value doubled since last year.

blazespin on July 27, 2015 | | [–]

Yeah, I'm sure those sorts of statements were made when NASDAQ was dropping rapidly in late 1999/2000.

ghshephard on July 27, 2015 | [–]

From the article, "China's main stock indexes had more than doubled over the year to mid-June,"

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact