The Chinese lunchbreak is coming to a close, begging the question, what next?
Shares on the mainland entered the 90-minute break more than 3 per cent lower, with the Shanghai Composite down 3.6 per cent and the tech-focused Shenzhen Composite off 4.8 per cent. The afternoon session is about to resume momentarily.
For Shanghai, this would be its biggest one-day fall since January 26, when it dropped 6.4 per cent, and Shenzhen’s biggest decline since the same day, when it was off 7.1 per cent.
There has been little in the way of economic data for shares to react to today, and China’s currency market has been relatively steady.