The CSI 300 index closed down by 7.1%, marking its biggest one-day decline since October last year. Meanwhile, the Shanghai Composite index closes closed down by 7.3%, marking its biggest one-day fall since February 2020. But for some late headlines of China's sovereign fund stepping in to provide help, it could have been worse.
Meanwhile with 45 minutes to go, the Hang Seng is down over 12% currently. Yowza. 💥
