[1]The Shanghai Composite has extended yesterday's losses and is now officially in "correction" - down over 11% from its highs yesterday.
This is the biggest 2-day drop since August 2009
[3]
The much-heralded Shenzhen Composite is also down over 11% from yesterday's highs...
[4]
Intraday, a small opening ramp has been demolsihed in Shenzhen, CHINEXT, and CSI-300...
[5]
* * *
This has all happened since Hanergy's CEO exposed the endgame of the biggest Ponzi market ever [6]
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10857
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05-overflow/20150528_china_1.jpg
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05-overflow/20150528_china_3.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/05-overflow/20150528_china_2.jpg
[6] http://www.zerohedge.com/news/2015-05-22/glimpse-endgame-how-chinas-formerly-richest-man-crashed-his-own-stock-when-he-tried-
