Many market participants in China and abroad are often overly optimistic or overly pessimistic about the prospect of Chinese equities. The recent upturn in the stock market has rekindled interest.
Chart: Shanghai Stock Composite Index
Source: Sina.com
The Chinese economy confuses many. Some write it off as "ten thousand Dubais", while others crow about its past successes and future potential. Chinese equities, listed in the mainland stock exchanges and abroad, have produced their crop of big winners (like Alibaba (BABA)) and countless others that have already fallen into the dustbins of history. In