Update on the Chinese sharemarket
China’s sharemarkets have fallen sharply in the last month. The main Shanghai Composite Index has fallen 32% since June, and this has been matched by falls in the smaller Shenzhen Stock Exchange and in Hong Kong listed China shares. This follows a remarkable 160% increase from May 2014 to 12 June 2015. Despite the recent falls, Chinese shares are still up 72% this year to 10 July 2015. …