Plunged almost 6%, A-shares hit a four-year low

Unlikely winners from Hong Kong's market crash: retail investors

China's CSI 300 Index, which gathers the top 300 stocks on the Shanghai and Shenzhen stock markets was also down by 4.64 percent at 3pm.

The 225-issue Nikkei Stock Average added 103.80 points, or 0.46 percent, from Thursday to close the day at 22,694.66.

BAIC Motor Corp. was one of Thursday's biggest decliners in Hong Kong, heading for its worst ever loss on concern Mercedez-Benz AG may raise its stake in the company.

So far this year, the Shanghai stock index is down 21.2 percent, the CSI300 has fallen 21.3 percent while China's H-share index listed in Hong Kong is down 12.1 percent. Tencent, still the most valuable Asian stock despite its spectacular plunge since January, slid 6.8% to extend a record losing streak into a 10th day.

China's benchmark Shanghai Composite Index dived to near four-year lows today, joining a global equities rout after a tech sell-off battered Wall Street overnight.

The largest percentage gainers in the main Shanghai Composite index were YanTai Yuancheng Gold Co Ltd, up 10.08 percent, followed by Cisen Pharmaceutical Co Ltd, gaining 10.03 percent and Xuancheng Valin Precision Technology Co Ltd, up by 10.02 percent. The volume in the previous trading session was 19.72 billion.

Like the benchmark, all other mainland indices are getting smoked, especially small-cap stocks.

The fall in the price of stocks comes just days after Bloomberg reported that US Treasury Secretary Steven Mnuchin was concerned about the depreciating price of the Renminbi.



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