By Daily Crux Editor Brandon Herrin:
After a giant run higher in the past few months, Chinese small cap stocks are set for a collapse, say money managers focused on the region.
The Chinese small cap benchmark index is up more than 100% since November… and carries a "pre-crash" valuation of 69 times earnings.
This sky high valuation has money managers calling the market a "bubble," and saying investing in the market is "outright gambling."
Read full article…
More on China:
The No. 1 reason commodity prices could crash
Forget gold... this is how China is fleeing the dollar
Coming Collapse of China, author: China's economic stats are a sham
Investing in these companies is essentially investing in the Chinese government"
