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Asia-Pacific equity markets face steep declines

上证综指暴跌5.22%,跌破2016年初触及的最低点,深证综指收跌6.45%,而沪深300指数收跌4.8%。

To say Asia-Pacific equities had a bad day on Thursday might be underselling it. Here’s a round-up of falls by the region’s top stock benchmarks following on from the worst day in  eight months for US stocks.

The Shanghai Composite index tumbled 5.2 per cent, pushing below the nadir touched in early 2016 which had capped a stock rout that began the previous year and the sharpest one-day fall since February 2016. The Shenzhen Composite was also down 6.7 per cent while the CSI 300 of large-cap Shanghai and Shenzhen-listed stocks dropped 4.8 per cent.

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