- Wiping out most of yesterday's rebound, Chinese shares fell sharply again today, casting doubt on the slew of recent support measures unleashed by Beijing.
- Traders are also getting increasingly nervous about the unusually large number of Chinese companies asking for their shares to be suspended.
- About a quarter of the roughly 2,800 companies listed in Shanghai and Shenzhen filed for a trading halt by the close on Monday, and another 200 announced a suspension today.
- Shanghai -2.2%; Shenzhen -6%; ChiNext -5.7%.
- ETFs: FXI, ASHR, EWH, CAF, YINN, KWEB, PGJ, GXC, FXP, HAO, YANG, TAO, CHIX, CHN, PEK, CHIQ, CQQQ, MCHI, TDF, QQQC, XPP, YAO, GCH, ASHS, YXI, CN, CHXF, FCA, CHNA, CNXT, CHII, ECNS, CHIE, EWHS, CHIM, KBA, KFYP, FCHI, JFC, FHK, AFTY, CHAU