Extremes of the China market

THE Business Times used the Bloomberg machine to dig up companies trading at extreme financial ratios on the Shanghai Stock Exchange that investors could buy on Monday. Here is what we found.

Warning: This exercise is just meant to give a sense of the Chinese stock market. There are many reasons financial ratios are what they are. A "cheap" company might be a value trap, an expensive company by cashflows might just not have started generating income yet.

None of this should be construed as financial advice. Also, numbers from the Bloomberg machine are sometimes just plain inaccurate - not to mention that the data is drawn from financial statements which come from a country where disclosure is not exactly up to international standards.