LiveChina Markets Live - Shanghai and Shenzhen finish down but Hong Kong ends higher
The intense volatility of recent weeks has every chance of remaining the core underlying theme of activity. Investors are increasingly focused on the broader question of how this episode might affect the wider economy.

Here’s a summary of market action today, with analyst views and charts:
- Shanghai concludes 1.6 per cent easier
- Shenzhen tumbles 3.4 per cent at the close
- Hong Kong's Hang Seng Index recovers to finish up 0.43 per cent
- Hong Kong market shut Monday for holiday, mainland Chinese markets open
- Global shares, Wall Street weaken further in selling spree
4:07pm: The Hang Seng ended up 0.43 per cent, 90.34 points, at 21,186.32. The H-share index finished up 0.45 per cent, 42.45 points, at 9,512.26.
3:20pm: JPMorgan Research Sentiment Index (JSI) -
“September JSI turned up moderately to 43.4, after the sharp plunge to 39.3 in August (the lowest level since June 2013). The EPS reading rose 3.8 pt, to a still subdued level of 41.9. The readings on output volume/ sales, order book, costs and inventory improved.
Only gross margin component weakened. Industry JSIs improved for auto, small caps, transportation, hardware, cement, gas & gaming but deteriorated for petrochemicals, ports & machinery. Growth stabilization measures continue to be rolled out. Fiscal flexibility is improving with local government debt swap program, tax reforms and quasi-fiscal measures via policy bank support. We expect these policies to support fourth quarter 2015 growth.”