China's Stock Benchmark Falls to 15-Month Low

http://www.bloomberg.com/apps/news?pid=20601084&sid=anfGaEIEFLLc&refer=stocks


This will apply to S-Shares listed on SGX. With a slowdown, many of these shares will be re-rated lower. Yangzijiang will be sold on concerns that new contracts will be hard to get and exisiting contracts will be erroded by rising cost of steel. The company may turn in a lower set of profit.

Many S-Shares listed are manufacturing companies and will be affected by the manufacturing slowdown.