Stock markets across Asia in red, Shanghai leads losses

Source: Marketwatch
© Scanpix/Reuters
Equity markets across Asia declined on Monday, as the Shanghai Composite recorded largest single-day plunge since 2007 amid worries over the Chinese economy. The Shanghai Composite lead the way by plunging 8.5% to 3,726 points, the Hang Seng fell 3.2% to 24,321 points, while the Sensex slid 1.4% to 27,711 points. Meanwhile, the Nikkei 225 lost 1% to 20,350 points by 7:45 AM GMT. 
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