209 days ago • Posted by Charles-Henry Monchau
A great chart for contrarian investors! The value of Chinese stocks being shorted just hit a fresh record.
With China's stocks trading at near their most expensive forward valuation since 2015, investors have pushed the value of Chinese stocks being shorted to a fresh record. The balance of securities lending in domestic exchanges reached 97.4 billion yuan ($14.5 billion) as of Oct. 16 - Source: Bloomberg, NYT, FT, WSJ, CNBC, Haresh Raju