China over valued at 12 PE.....yeh maybe not so much

The Economist, Asia

China is not the first country to prop up a falling stockmarket. But what makes China stand out is that it panicked when a correction of clearly overvalued shares had been expected. Rather than calming investors, its barrage of measures screamed of desperation.
-  http://econ.trib.al/BsWFOGK

...and yet the Hang Seng PE at 12 is significantly lower than the USA S&P (currently around 21....)

- http://www.cnbc.com/2015/04/14/why-the-dream-run-in-hong-kong-stocks-will-continue.html

 

makes you wonder who exactly is over valued :)

- www.LivePoliticalChat.com/dean.collins