The Chinese markets are massive. But they're also behind the times... full of wrongs to be righted.
As I explained in yesterday's DailyWealth essay, a big one is getting solved this year. It's hard to even believe what's happening in China right now. Imagine this...
If Facebook were a Chinese company that had tried to go public in China, it would have been rejected. Amazon, too.
In fact, just about every U.S. tech company that got its start in the 1990s would have never been given a chance.
Today, 80% of all U.S. initial public offerings ("IPOs") would be banned under China's current system. It's an incredible wrong in China's stock market... But it's about to get righted.
China has announced plans to open a new stock exchange this year, specifically for its fast-growing tech companies.