Very hard to work out the magnitude of this fall - no interim issues - China has just dropped interest rates again and Alibaba is going well AND NNW said that they have engaged JP Morgan (previous announcement) to investigate offshore listing. If they took this to the US it would probably run relatively hot but the big founder holders would have to sell down in the process - why not - US listed - funds in the US and out of China!!!
NNW Price at posting:
25.0¢ Sentiment: Buy Disclosure: Not Held