Comparing SPX, Nifty and HSI

٢٨ سبتمبر

• HSI index is up almost 30% in just the last few days.
  
• But if you compare it from the Covid lows, it is barely there even now.
  
• Nifty and SPX meanwhile have done a few multiples.
  
• The PE levels of these Chinese/HSI companies are a fraction of that of SPX and India.