- Chinese stocks dove sharply in the afternoon trading session today after authorities disclosed investigations into several major brokerages over suspected trading violations.
- The probes into Citic, Guosen, Founder and Haitong Securities followed additional souring market sentiment on Friday that revealed lackluster Chinese industrial data in October.
- The Shanghai Composite Index fell 5.5% to 3,436.30, wiping out most of its gains this month and recording its biggest one day fall since Aug. 25.
- 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, CXSE, FCA, CNXT, CHNA, CHII, CHIE, ECNS, EWHS, CHIM, KBA, KFYP, FCHI, JFC, FHK, AFTY, XINA, CHAD, ASHX, CHAU