After gaining over 60% within 6 months, the SSE took a sharp 8% decline today News can be found here. "The Shanghai Composite Index (SHCOMP) sank 7.7 percent to 3,116.35 at the close, its steepest drop since June 2008. Citic Securities Co. (600030) and Haitong Securities Co., the nation’s two biggest listed securities firms, fell by the 10 percent daily limit after they were suspended from lending money to new equity-trading clients. About nine stocks dropped for each that rose on the Shanghai gauge, with more than 100 companies retreating by the maximum allowed." In my December post I mentioned that I had exited both my China and HK ETF positions to lock in the gains for 2014, so I think I am quite lucky that I did not have to face today's scary decline. I would probably had suffered an heart attack. On a serious ......