Needless to say, the carnage in Asia that began at the open on Tuesday morning did not abate and by the time it was all said and done, it was a massacre. And the thing is, we don’t need to try when it comes to the hyperbole because simply stating what actually happened is hyperbolic enough, a state of affairs that underscores how bad things really were.

After a rough open documented here, the Nikkei closed lower by nearly 5%, bringing the two-day decline to a harrowing 7.2%. Here’s some perspective:

And as noted at the open, the Nikkei has now fallen into a technical correction, diving 12% from its 26-year high of 24,124.15 hit on January 23:

Vol. of course spiked, with Nikkei Stock Average Volatility Index up some 52% on the day:

In Hong Kong, things were not any better – in fact, they were worse. The Hang Seng plunged 5.1%, in the largest single-day selloff since the aftermath of the yuan devaluation in August 2015:

Total stock turnover on Hong Kong’s main board hit HK$225 billion. That’s the first time turnover has topped HK$200 billion since July of 2015.

H-shares were a disaster, diving a laughable 5.9%, wiping out a good portion of the gains from January when the Hang Seng China Enterprise Index at one point rose for 19 consecutive sessions:

On the mainland, things were only marginally better and by “better” I mean the worst day for the SHCOMP since early 2016 when China jitters were poised to upend the global recovery:

For the ChiNext and the Shenzhen, things were even worse, as the former fell 5% and the latter more than 4%. Believe it or not, the ChiNext is back to where it was before hordes of leveraged, day-trading housewives drove Chinese equities into the stratosphere in 2015: