csi300

🇨🇳 HUGE: Chinese stocks just hit their cheapest level against the S&P 500 since the CSI 300 index was created.
The ratio of China's CSI 300 to the S&P 500 just dropped to a record low of 0.55, the weakest reading since the index launched in 2005. For context, back in July 2009 that ratio peaked at about 3.8, meaning Chinese stocks traded nearly 7x richer relative to US stocks than they do today.
This isn't a short-term dip. It's the continuation of a 15-year grind lower, through the 2015 crash, years of regulatory crackdowns, and a property crisis, while US mega-cap tech kept compounding and pulling the S&P further ahead.
The spread is now the widest it's ever been between the world's two largest stock markets. Whether that means Chinese equities are a historic value opportunity or a reflection of structurally weaker growth prospects depends entirely on who you ask, but a ratio this extreme rarely stays ignored forever.
#China #StockMarket #SP500 #CSI300 #GlobalMarkets