Markets in Asia fell sharply.

The Nikkei fell 3.4% to 13,505. NEC fell 5% to 419.

The Hang Seng fell 5.4% to 24,451. China Life (LFC) fell 7.6% to 33.45. CNOOC fell 8.4% to 12.18. HSBC (HBC) fell 4.8% to 115.

The Shanghai Composite fell 2.8% to 5,291.

Data from Reuters

Douglas A. McIntyre