When S-shares Bubble Burst

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Many people ask why has the China stocks fallen so much, and how much is enough.

“Every time bubbles pop, they tend to go down 80%, even as much as 90%,” says Nicholas Vardy, who edits the Global Guru and Global Stock Investor newsletters from his home base in London.

Many S-shares have fallen 80-90% from the peak in 2007. The latest victim is Guangzhao having fallen 87% from 0.465 to 0.06. There may be more room to fall for those S-shares that have fallen much less.
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