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Chinese Stocks Sink 8% in Worst Rout Since 2015 Bubble Burst

  • Mainland markets reopened for first session since Jan. 23
  • Beijing vows to ensure financial stability, adequate liquidity
Bloomberg business news
WATCH: Willem Sels, chief market strategist at HSBC Private Banking, discusses his investment strategy for China.(Source: Bloomberg)
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China’s market open was everything investors feared and more. A gauge of the nation’s stocks plunged almost 8%, commodity futures from iron ore to crude sank by the daily limit, and the yuan weakened past a key level against the dollar.