Sino-Sympathy
Very perceptive. The market is punishing companies in China - unjustifiably - due to the Sino-Forest affair (analyst takes huge short position and then smears company) that got a ton of hype in the papers last week. China Gold and Silvercorp, two very credible and respectable companies, took a similar pounding. Call it a 'sympathy hit.'
(BTW it will be interesting to see whether that analyst goes to jail or hides in some foreign country.)
I'm fishing here. We're halfway through the summer doldrum, and there is some very bad stuff coming in July that ought to put a firm base under the sector. :-D
Rgds