urgent--------CLEARLY SHOWS Chinese shares are in a bubble

 The graph that shows Chinese shares are in a bubble 

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The Shanghai market has more than doubled in a year, while another crucial measure suggests investor demand is unsustainable

“If this is not a bubble then it’s hard to imagine what one looks like," said Paul Marson, Monogram's chief investment officer. "The average daily stock market turnover has increased 10-fold in the past year to 830bn yuan from 80bn."

He said the root cause was an increase in lending by China's banks, allied with increased appetite for shares as the Chinese property loses its appeal.

"An enormous amount of liquidity has gone from inflating the property market, which is now deflating, to inflating stock prices,” Mr Marson said.

He added: “This is a very unhealthy sign for the global economy. It can only end in tears. Bubbles always leave behind more problems than they resolved.”

http://myinvestingnotes.blogspot.com/2015/06/the-graph-that-shows-chinese-shares-are.html