Another 2.9 per cent gone for Shanghai stocks during today's trade, the index now being down by 46 per cent since the beginning of June last year.
There has been some talk of Chinese authorities cracking down on capital outflows, but it will be a devilishly difficult job to stop the flood.
This is particularly so given that Chinese investors also fear a devaluation of the yuan, a natural trigger for capital flight.
The increase in capital outflows from China has been beyond staggering.
In the first six months of 2014, around US $26 billion left China. Net capital outflows from China in 2015 topped a eye-watering US $1 trillion!
Noted Timothy Hobill Cole of GFIN Financial:
Indeed so, a bullish trend for at least certain Australian asset prices.