China stocks head for longest losing streak in 3 years- BBG

Bloomberg carries an article on Tuesday, noting that China’s benchmark equity index, the Shanghai Composite, is on track for its longest losing streak since December 2013 as the government cracks down on leverage in the financial system.

At the time of writing, the Shanghai Composite index stalled its downward spiral and turned positive for the first time in six days to trade at 3,080 levels.  

Among other Asian indices, Japan’s Nikkei 225 index drops -0.22% to 19,852, while Australia’s ASX 200 declines -0.35% to 5,851.