Another Dog Day For Shanghai Composite

At 1.31 AM New York time, the Shanghai Composite is down 4.8% and has dropped below the critical 4,000 level to 3,808.

At the same time, the Hang Seng is up 1% to 20,814, and the Nikkei is higher by .3% to 18,010.

China Petroleum (SNP) is up 3.4% to 8.84, and China Unicom (CHU) is up 3% to 11.78.

Douglas A. McIntyre