Live | China Markets Live - Yuan falls for third day but stabilizing; Shanghai, Shenzhen and Hong Kong finish in the green
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.
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.
4:10pm: The Hang Seng Index stays within a 300-point trading band for the day, closing at 24,018.80, up 0.43 per cent or 102.78 points. The H-shares index finished the day at 11,080.92, up 0.35 per cent or 38.13 points.
3:20pm: China indices from opening to closing today: the Shanghai Composite (orange), Shenzhen Composite (green), CSI300 (purple) and ChiNext (blue). Click to enlarge.
3:08pm: The Shanghai Composite Index surged by more than one and a half percentage points in the last hour, closing at 3,954.56, up 68.24 points or 1.76 per cent. The CSI300 did similarly, going to 4,075.46, up 59.33 points or 1.48 per cent.
3:08pm: The Shenzhen Composite Index finished strongly to close at 2,298.79, up 49.61 points or 2.21 per cent. The ChiNext Price Index leapt to 2,684.26, up 62.07 points or 2.37 per cent.
