Table: Market Catharsis

How big listings will improve Shanghai's exchange

-- Bring p-e ratios that are running at 77 down to a more reasonable 20, or even less

-- Reduce volatility in a market that has seen capitalization soar to $650 billion

-- Pull in long-term institutional investors that previously couldn't invest in "Big Mac" stocks

-- Force Chinese companies to clean up balance sheets and pay more attention to shareholders

    Before it's here, it's on the Bloomberg Terminal.