The index of the Chinese stock exchanges collapsed at the opening by 8%

Almaty. August 24. Silkroadnews - Chinese stock Shanghai Composite Index at the opening of trading has fallen by 8%, and as of 6.06 MSK amounted to 3226 items, reported RBC.
Significantly decreased the index of the stock exchange in Shenzhen. If at the opening of trading decline was about 2.5%, by 6 am it reached 7.6%.
It is noted that the biggest losses of assets are related to the construction of the infrastructure, automotive industry and power generation.
Financial analysts attributed the panic in the market to the collapse of US indexes on Friday, and the refusal of the Chinese regulator to loose monetary policy.
Meanwhile, the situation in China has affected the other countries of East Asia. So, Taiwan Taiex Index fell in a half an hour after opening by 7.5%.  2% decline intensified Korean index KOSPI. News from China affected the Tokyo Stock Exchange. The index Nikkei, which declined at the opening of an average of 2%, strengthened reduction. As of 6.05 MSK it fell to 18540 points, that is 3.2%.