SEAL THREE BIRTH PAINS: China share trading halted after 7% plunge

Trading on China's stock markets has been suspended after the market dramatically plunged and triggered a new system meant to limit volatility.

The blue-chip CSI 300 Index dropped 7% while the benchmark Shanghai Composite index fell 6.9%.

The technology-heavy Shenzhen Composite was the worst performer and fell by more than 8%.

Trading had been halted earlier in the day for 15 minutes after the stock market fell by 5%.

But shares continued to fall, leading regulators to end trading early.

Under China's new circuit-breaker mechanism, moves of 7% from the previous session's close trigger a trading suspension for the day.

The measures were introduced in early December after the stock market's turbulentsell-off over the summer. They came into effect for the first time on Monday.

One factor behind the stock market falls was a manufacturing survey that pointed to more bad news for the Chinese economy.

SEAL THREE BIRTH PAINS: China share trading halted after 7% plunge

Trading on China's stock markets has been suspended after the market dramatically plunged and triggered a new system meant to limit volatility.

The blue-chip CSI 300 Index dropped 7% while the benchmark Shanghai Composite index fell 6.9%.

The technology-heavy Shenzhen Composite was the worst performer and fell by more than 8%.

Trading had been halted earlier in the day for 15 minutes after the stock market fell by 5%.

But shares continued to fall, leading regulators to end trading early.

Under China's new circuit-breaker mechanism, moves of 7% from the previous session's close trigger a trading suspension for the day.

The measures were introduced in early December after the stock market's turbulentsell-off over the summer. They came into effect for the first time on Monday.

One factor behind the stock market falls was a manufacturing survey that pointed to more bad news for the Chinese economy.

HUGE SINKHOLE on Victory Drive Columbus, Georgia

A sanitary sewer main collapsed causing a major sinkhole to form on Victory Drive.  Columbus Waterworks said the pipe collapse happened Saturday afternoon across from the National Guard Armory.

The Eastbound lane of Victory Drive nearby is temporarily closed.  Waterworks is coordinating repair efforts with Gordy Construction.

“Everything is roped off and barricaded off for safety so we’re being as safe as we can,” JD Haney with Gordy Construction said.

All traffic will be detoured until further notice.  Westbound traffic will be detoured to I-185 North and exit off Macon Road.  Eastbound traffic will be detoured North on Veterans Parkway eventually leading to Macon Road and I-185 South to Victory Drive. For more details on the detours, check out the document above of the Columbus Water Works explanation.

HUGE SINKHOLE on Victory Drive Columbus, Georgia

A sanitary sewer main collapsed causing a major sinkhole to form on Victory Drive.  Columbus Waterworks said the pipe collapse happened Saturday afternoon across from the National Guard Armory.

The Eastbound lane of Victory Drive nearby is temporarily closed.  Waterworks is coordinating repair efforts with Gordy Construction.

“Everything is roped off and barricaded off for safety so we’re being as safe as we can,” JD Haney with Gordy Construction said.

All traffic will be detoured until further notice.  Westbound traffic will be detoured to I-185 North and exit off Macon Road.  Eastbound traffic will be detoured North on Veterans Parkway eventually leading to Macon Road and I-185 South to Victory Drive. For more details on the detours, check out the document above of the Columbus Water Works explanation.