Chinese stock markets plunged to their lowest levels in four years on Thursday following a global rout, with shares in around 1,000 firms falling to their daily limit of 10 per cent.
Shanghai fell 5.22 per cent, or 142.38 points, to 2,583.46, marking the lowest level since November 2014.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, plummeted 6.45 per cent, or 89.15 points, to 1,293.90 -- its lowest point since September 2014.
Other Asian markets also plunged Thursday following the worst session on Wall Street for months after US President Donald Trump said the Federal Reserve had "gone crazy" with plans for higher interest rates.
"With the global market rout, mainland shares could not stay safe," Guangzhou Wanlong Securities said in a research note.
"Interest rate put aside, the Sino-US trade spat is to blame for the October market rout because people are worried the friction will evolve into a political confrontation."
Trading in Chinese companies is suspended when their shares drop or rise by 10 per cent, and around 1,000 fell to the limit on Thursday.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)