Chinese entertainment equities take a fall in stock market

The shares that fell the hardest were the movie production and distribution companies listed on the Shenzhen exchange. Huayi Brothers saw its share price drop by 21.6 percent, and Beijing Enlight fell by 20.1 percent.

Chinese entertainment shares trading on the NASDAQ and NYSE exchanges, fell by an average of just 1.4 percent during the same period.

The Shenzhen and Shanghai listed stocks are still trading at very high historical levels. It seems more likely than not that they will fall further, so it would be prudent to wait before making any moves.