Asian Shares Tumble as Concerns Over Fresh Turmoil Crop Up

January 4, 2016 8:23 AM

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Asian Shares Tumble as Concerns Over Fresh Turmoil Crop Up

HONG KONG — Chinese investors might have hoped they could leave behind a year of market turmoil, but the first day of trading in 2016 brought a steep fall in shares at home and across Asia, and resurrected old concerns.

Weak manufacturing data for China and worries about the depreciation of the renminbi pushed Chinese shares sharply lower Monday, testing a new market circuit breaker on the very first day it came into effect.

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