• Chinese stocks: it's utter carnage

    11 days ago - By Business Insider

    If you thought the losses on Wall Street were massive overnight, take a look at the scoreboard below of how Chinese stocks were faring at various points on Thursday:
    Shanghai Composite 2,583.46, −142.38, -5.22%
    SSE50 2,390.50, -103.55, -4.15%
    Shenzhen Composite 1,306.69, -5.52%
    CSI300 3,150.21, -4.00%
    CSI500 4,350.11, -6.04%
    Hang Seng 25,437.85, -3.83%
    USD/CNY 6.5973, 0.12%
    USD/CNH 6.9389, 0.22%
    Utter carnage, right?
    The benchmark Shanghai Composite Index has tumbled 5.22% to 2583.46 by 9 a.m. Thursday, London time, leaving it at the lowest level in four years.
    It's now lost 27.3% from the...
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