S&P 500 Index
Long

Comparing SPX, Nifty and HSI

165

  • HSI index is up almost 30% in just the last few days.
  • But if you compare it from the Covid lows, it is barely there even now.
  • Nifty and SPX meanwhile have done a few multiples.
  • The PE levels of these Chinese/HSI companies are a fraction of that of SPX and India.

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