Chinese shares see sharp drop on Monday

chinadaily.com.cn | Updated: 2019-05-06 15:05

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Investors look at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, April 18, 2019. [Photo/IC]

Chinese stocks plummeted on Monday, with the benchmark Shanghai Composite Index down 5.58 percent, closing at 2,906.46 points.

The Shenzhen Component Index decreased 7.56 percent, dropping to 8,943.52 points.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lowered 7.94 percent on Monday, at 1,494.89 points.

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