An update to the Shanghai Composite ... it ain't pretty (unless your short, of course):

AUD, NZD, oil all down (from their highs in the case of AUD and NZD)

USD/JPY well off its highs too and hanging around opening levels

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Chinese stocks are about to close of their lunch break.

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Updated ... I shoulda waited a few more minutes for the chart - closed on its lows for the morning session:

  • Shanghai down 3.2%
  • The Shenzen index is down even more, around -4.5%

Elsewhere:

  • Nikkei +1.2%
  • HK -0.25%
  • ASX +0.08%