Mainland buyers don't share enthusiasm for China shares

Yesterday the mainland's most closely followed stock market index, the Shanghai composite, slipped 1.3 per cent, falling below the 2,000 mark to close at its lowest since the depths of the financial crisis in February 2009.

The index is now down 16 per cent over the last 12 months. To put that drop into perspective, it's a worse performance than either of the crisis-hit markets of Spain or Greece. Over the period, Madrid's benchmark Ibex index has fallen by just 3 per cent, while the Athens ASE index has actually managed to climb 26 per cent.

via Business feed http://www.scmp.com/business/article/1092410/mainland-buyers-dont-share-enthusiasm-china-shares