Chinese stock markets decline sharply late in trading session

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Source: Marketwatch
Chinese equity markets fell substantially late in Wednesday's trading session, after trading flat a day before. The Shanghai Composite Index fell 5.2% to 4,053.7 points, while the Shenzhen Composite Index shed 4.8% to 2,346.13 points, after being up as much as 2.4%. Meanwhile, the Shenzhen ChiNext Price Index declined 3.5% to 2,759.41 points by 9:00 AM GMT, after trading 5.2% higher early in the trading session.
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