One month ago there is still nonsuch basis due to the market in China near peak. Today, the market has dropped more than the level before the bull run. Is there a drastic change in economy structure?
Perhaps many investors already prepare to leave the market. Low interest initiated bull run given a great opportunity for them to exist the market. When the bull burst, the sell off worsen due to chain reaction.
In mid to long term we still like China. We started seen a lot of values in the market. We have bought some stocks yesterday and we will continue to hunt for great value from now.