European equity markets open lower as Chinese stocks tumble

European markets seeing a bit of knock-on from softer Japanese and Chinese sessions

• FTSE flat
• DAX -0.5%
• CAC40 -0.5%
• FTMIB -0.5%

Chinese major stock indices down 8.5%. largest one-day fall since 2007

Update: CS1300 index closes down -8.6% and CS1500 futures index down 10% - limit up