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The volatility prompted the government to unleash a wave of measures to stabilize markets.

On Monday, the rout deepened after data showed Chinese manufacturing growth unexpectedly stalled in July and U.S. consumer spending advanced at its slowest pace in four months in June as demand for automobiles softened.

The Shanghai Stock Exchange, meanwhile, has suspended four trading accounts for serious trading irregularities that influenced market pricing.

Charles Saumarez Smith, the RA’s Secretary and Chief Executive, said: “The Royal Academy of Arts very much welcomes news that the Home Office has now decided to grant Ai Weiwei the normal six-month business visa he originally applied for”.

China’s Shenzhen stock exchange has “suspended” a trading account used by a unit of Citadel, the US-based hedge fund said Monday, after authorities restricted several accounts in the wake of a market rout. The suspended account was trading the firm’s own...

In Hong Kong, the Hang Seng index added 0.4 per cent to 24,595.51 points.

Britain’s interior minister ordered officials on Friday to grant Chinese dissident artist Ai Weiwei a six-month visa, reversing a decision to restrict him to a short trip that had prompted condemnation from rights groups.

The benchmark Hang Seng Index added 115.51 points to 24,619.45, on turnover of HK$115.27 billion (S$20.3 billion).

One of the most actively traded stocks was Stratech Group, which rose 0.9 cents to 5.6 cents with 109.2 million shares changing hands.

Scott Wren, senior global markets strategist at Wells Fargo Investment Institute said it’s a mistake to just hold China stocks by themselves, given the volatility.

The Shanghai Composite tumbled 8.5% as PetroChina Co, long considered a target of state-linked market support funds, tumbled by a record 9.6%.

Germany’s DAX and France’s CAC 40 were both about 2.5% lower, while the U.K.’s FTSE 100 was down 1.3%.

Stocks fell across the board on Monday, with 2,247 companies falling, leaving only 77 gainers.

Market sentiment elsewhere has also been struggling in recent days, with US indices dropping by just over 2% last week and the FTSE 100 also falling back once again.

Renowned Chinese artist Ai Weiwei is able to travel overseas again after getting his passport back from the authorities, his spokeswoman said Wednesday.