Asian stocks tumbled Wednesday, with Japan's Nikkei entering the bear market, as global sentiment remains low on concerns over economic growth, China, and low oil prices. In Japan, the Nikkei 225 closed 632.18 points, or 3.71. In China, the Shanghai composite fell 31.22 points, or 1.04 percent, to 2,976.51 percent, lower at 16,416.19.. Hong Kong's Hang Seng index dropped 749.51 points or 3.45 percent at 18886.30 to a three-and-a-half year lowSouth Korea's Kospi was down 44.19 points, or 2.34 percent, at 1,845.45Australia's ASX 200 slipped 61.56 points, or 1.26 percent, to 4,841.50
European shares slid to their lowest since October 2014 on Wednesday. European shares slid to their lowest since October 2014 on Wednesday . Germany's DAX ., France's CAC and Britain's FTSE .were all down around 3 percent and also set for their biggest fall of the year so far.