Chinese equities: Will it all end in tears?

Singapore

SEARAINBOW Holdings Corp - a stock highlighted in a recent Bloomberg article as amongst the most expensive stocks trading on the Shenzhen Exchange in terms of PE - is priced at around 10,000X earnings.

Clearly it is a product of the bubble in Chinese equities. The thing is though, that even when this stock was trading at a PE of 5000X a little while back, it would have been classified as expensive. Yet it continued on, managing to double in valuation over a short time.