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US dotcom bubble pales in comparison to today's China tech valuations

The average Chinese tech stock has a PE ratio 41% above that of US peers in 2000


THE world-beating surge in Chinese technology stocks is making the heady days of the dotcom bubble look almost tame by comparison.

The industry is leading gains in China's US$6.9 trillion stock market, sending valuations to an average 220 times reported profits, the most...

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