Chinese A-shares vs developed and emerging stocks

Rebased to January 1, 2010

The recent falls came after Shanghai shares climbed 150 percent in the year to June, outperforming all other emerging and developed markets.

Stock indices

Shanghai Composite Index and Shanghai Shenzhen CSI300 Index

Market capitalisation

In million U.S. dollars

No more than 2 percent of the Shanghai-Shenzhen market is owned by non-residents.

Price-to-earnings ratio

The drop has left the Shanghai composite index’s price-to-earnings ratio at around 100, still higher than a year ago.

Source: Thomson Reuters Datastream