|VCG (blue line) 11/15/16 through 12/14/16, compared to the market composite index (orange line). Source: Bloomberg: VCG|
"How fast" is becoming more clear now. Visual China Group's opening price on the Chinese stock market at ¥9.00 ($1.30USD) on February 3rd 2013 was met with a one-third loss by the close of trading that same day to ¥6.00 ($0.87USD) (Historical: SHE:000681, 2/8/2013) . On June 5, 2015 it enjoyed it's peak valuation at ¥65.87 ($9.54USD) and then plummeted along with the rest of the Shenzhen Stock Market, with CNN reporting (here) that the bubble burst with a 13% plunge in recent days, and by July 2015 the market had slightly stabilized (CNN here) , but VCG had dropped to just ¥25.00 ($3.62USD) or roughly a two-thirds loss since it's peak a month prior.
The Selling Stock analysis continued "While the demand for photography may be growing (Getty’s numbers certainly don’t show it) prices customers are willing to pay for photos and illustrations are declining more rapidly. The net result is that gross revenue generated by the industry is probably growing at a rate no greater then 5%. "
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