Live | China Markets Live - Shanghai, Shenzhen and Hong Kong extend losses to end lower
After posting worst monthly decline in 6 years, Shanghai and Shenzhen start August on losing note; HSBC leads bank shares in handing out results
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. 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.
4:17pm: The Hang Seng Index (orange) and the H-shares index (purple) both lost ground from last week in generally negative trading across the day. Click to enlarge (percentages are against today’s opening).
4:16pm: The Hang Seng Index closed down 0.91 per cent at 24,411.42. The H-shares index finished 1.09 per cent lower at 11,009.96.
3:51pm: China stocks again rallied late in the day. The CSI300 (orange) large cap index closed marginally up, while the Shanghai (purple) and Shenzhen (green) composite indices lost ground and the ChiNext (blue) fell sharply.
Click to enlarge the chart below (percentages are against today’s opening).