Political shock hits equity markets

The equity market in China fluctuated on Wednesday over uncertainties brought about by the US presidential election, with benchmark indexes dipping, a situation that analysts said may last for the next few days before investors refocus on economic fundamentals.

The Shanghai Composite Index dropped 0.62 percent to 3,128.37 points while the Shenzhen Component Index declined 0.61 percent to 10,697.11 points.

Hong Kong's Hang Seng Index plunged 2.16 percent to 22,415.19 points on Wednesday.