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Live | China Markets Live - Yuan up for 2nd day; Shanghai and Shenzhen close up while Hong Kong settles easier

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.

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Dozens of investors study their computer screens at a stock brokerage in ShanghaI, China. Photo: Reuters

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.

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4:11pm: Hong Kong stocks were able to recover some of their lost ground in afternoon trading, though not enough to finish the day in the black. The Hang Seng index closed down 0.74 per cent at 23,814.65. The H-share index fell 0.88 per cent to 10,962.24. Total market turnover was HK$ 66.3 billion. 

3:25pm: The one day chart for the mainland Chinese market.

Shanghai Composite Index (yellow), Shenzhen Composite Index (purple), CS1300 Index (green) and ChiNext (blue). The percentage at the end of the chart represents the difference from the opening, not from the previous close. Click to enlarge.

3:12pm: The Hang Seng index is trading 0.55 per cent weaker at 23,858.1. The H-share index is down 1.13 per cent at 10,934.97. 

3:11pm: Mainland markets put in a late afternoon burst to close the day higher after a choppy session. The Shanghai Composite index finished 0.71 per cent higher at 3,993.67. The CSI 300 index of large cap firms closed up 0.11 per cent at 4,077.87. 

3:11pm: The Shenzhen Composite index also recovered from a morning dip to finish up 0.74 per cent at 2,327.49. The ChiNext index slipped 0.29 per cent to end at 2,666.29.

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