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Asia plunges, Shanghai down 5.6% (SNE) (LFC) (PTR)

Markets in Asia were down sharply.

The Nikkei fell 3.1% to 12,918. Canon fell 5% to 4610 yen. KDDI fell 7.8% to 641000. Sony (NYSE:SNE) fell 4.5% to 4050.

The Hang Seng dropped 3.3% to 23,854. China Life (NYSE:LFC) fell 4.8% to 28.9 yuan. PetroChina (NYSE:PTR) fell 4.5% to 9.89.

The Shanghai Composite was of 5.6% to 3,297.

Data from Reuters. .

Douglas A. McIntyre

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Last updated: November 20, 2008: 01:39 PM

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