FYI: (This is a follow-up to John Wayne's A.K.A. John Chisum link on the Off-Topic Board 'Asia Markets for June 19.')
Chinese stocks suffered jarring overnight losses on Friday that spilled into China-themed exchange-traded funds in the U.S.
The Shanghai Composite Index, a raging bull for the past year, tumbled 6.4% on Friday and 13% for the week. That means the benchmark is now in a so-called correction, meaning it’s fallen more than 10% from its recent high.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2015/06/19/china-etfs-drilled-shanghai-sinks-into-correction/tab/print/
