Asian shares fell again as China's central bank guided the value of the yuan down against the dollar for a second consecutive day.
The People's Bank of China fixed the daily midpoint for the currency down 1.6% to 6.3306 against the dollar.
The Shanghai Composite share index closed down 1.1% at 3,886.32 while markets in the rest of the region fell even more sharply.
Hong Kong's Hang Seng index ended 2.4% lower at 23,916.02.
China's central bank tried to calm market concerns on Wednesday, saying that there was no basis for a sustained depreciation of the yuan given global and domestic economic conditions.