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Chapter 201
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Chapter 203
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... ese stock market will crash."
"What?"
At his words, Gerrard's eyes widened.
"The Chinese market is currently excessively overvalued. In less than a year, the Shanghai Composite Index has risen by 150%. The problem is that it's too dependent on margin trading. The market is entirely leveraged, with individual investors borrowing to invest. In my analysis, this is clearly a bubble, and that bubble will soon burst."
It was hard to believe at first…
But if it ...
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