The volatility of China’s stock market continues. The Shanghai market shed 5.3 percent Monday as investors’ concerns over the health of the country’s economy persist.
Tokyo’s Nikkei 225 inched down 0.39 percent while Hong Kong’s Hang Seng lost 2.8 percent.
Market watchers are preparing themselves for a wild ride in the coming weeks. Last week’s stock market declines have set the stage for a volatile year that will likely be marked by major corrections and concerns of slower-than-expected global economic growth.
Chinese markets finished last week on a slightly higher note after a turbulent week and two halts in trading.