Air starts to hiss out of China’s market bubble

China’s stockmarket bubble has sprung a leak. The Shanghai Composite index is down 20% from its peak and it looks as though the market is heading back down to earth.

China's domestic stockmarket bubble has sprung a leak. The Shanghai Composite index is down 20% from its peak.

Weekly trading volumes have also slid rapidly over the past two months; having hit 17 billion this year, in late November just 3.3 billion shares were traded, says John Authers on FT.com. It looks as though the market is heading back down to earth.

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