by Calculated Risk on 10/15/2008 11:10:00 PM

Click on graph for larger image in new window.

The Shanghai SSE composite index has now lost more than two-thirds from the peak (still trading). This is the lowest level since late 2006.

And it's not just the Shanghai composite - it's an Asian market rout:

The Hang Seng is off 6.6%.

The Nikkei 225 is off 9.6%.

The Seoul Composite is off close to 6.8%.