Live | China Markets Live - Shanghai and Hong Kong ends lower; but Shenzhen defies trend to settle higher

Welcome to the SCMP's live markets blog. The intense volatility of recent weeks has every chance of remaining the core underlying theme of activity, especially as the roughly 1,400 shares that were suspended at the peak of the stock market rout gradually resume trading - they are likely to be prime targets for price adjustments. Meanwhile investors are increasingly focused the broader question of how this episode might affect the wider economy as many suspect the equity bubble has yet to fully deflate. We'll bring you the key levels, trading statements, price action and other developments as they happen.

4:15pm: Extending the weakness in financial companies from mainland China, all major lenders and insurers finished in the red, while investors also took profit from Hong Kong Exchanges and Clearing Ltd, which dropped 2.5 per cent to HK$233.6 after UBS said the daily turnover is expected to slow to HK$100 billion, down from HK$127 billion in the first half of the year.

4:13pm: The Hang Seng index fell 0.44 per cent to finish at 25,112.06, with HK$126 billion worth of shares exchanging hands, compared with Monday’s HK$136.8 billion. 

4:13pm: The H-share index, a gauge of Hong Kong-listed mainland companies, retreated 1.4 per cent to close at 11,836, dragged by Great Wall Motor and insurer PICC Casualty & Casualty, which each posted a 4 per cent decline.

4:08pm: Beijing Media has gone 75 per cent up to HK$9.10, making it the top percentage gainer today, having opened 31 per cent up. The stock is at an all-time high, having catapulted northwards by more than 250 per cent since a week ago.