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i habe noticed that quarterly spike that the NAADAQ has (Quarterly earnings growth?).

What about the Shanghai index? (i would thnink that the earnings growth have been HUGE over the last couple of years but the quarterly "spiking down" of the Shanghai PER is almost invisible. Has it earnings growth been taken into account?



While China has seen nice earnings growth over the last couple of years, the Shanghai Composite's price has risen faster than earnings.

Stock Market Investor

The long term trend here is quite clear.

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