The Biggest Losers Of China's Deflating Stock Bubble
China's investors are skydiving without a parachute, and there may not be a soft landing for Chinese companies that fled U.S. markets.By Matt Patston | June 30, 2015
After flying to the top of world finance markets, Chinese stocks appear to be playing Icarus — and their wings are melting.
The past two weeks have seen Chinese stocks dive amid a sweeping sell-off, which sharpened the fears market analysts have had for months: that Chinese investors were inflating a bubble until it would burst. (Video via CNN)
In 2015, investors have been flooding the market, largely with borrowed money, and pushing company values to record highs. Many of these investors are rushing in without experience — a survey last year showed that two-thirds don't have a high school degree. (Video via New China TV)