Asia markets fell sharply on Thursday morning, with the stock indexes in Shanghai, Shenzhen and Tokyo all tumbling more than 4 percent.
In the Greater China region, the Hang Seng index was down by 3.84 percent in late morning trade. Over on the mainland, the Shanghai composite and the Shenzhen composite both opened the day with declines exceeding 3 percent.
The Shanghai index traded lower by 4.34 percent and Shenzhen was down about 5.52 percent.
In Taiwan, the Taiex dropped by 6.28 percent, with lens maker and Apple supplier Largan Precision plunging 9.89 percent.
In Sydney, the ASX 200 fell 2.43 percent, with most sectors trading lower. The energy subindex was down 3.62 percent, materials was lower by 2.48 percent and the heavily weighted financial sector fell 2.38 percent.
Major banking names in Australia fell, with Commonwealth Bank shares down 2.32 percent. Mining stocks were also lower, with Rio Tinto down 2.94 percent and BHP off by around 3.4 percent.
Japan's markets also continued to falter in the afternoon. The Nikkei 225 dropped by 4.36 percent while the Topix index declined by 3.88 percent, with major sectors trending down.
Source: CNBC
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