(Xinhua)
Updated: 2007-12-17 16:08

BEIJING -- Chinese share prices were sharply lower Monday, as banks and property developers extended losses amid worries over their earnings growth.

The benchmark Shanghai Composite Index, which covers both A and B shares, plunged 131.15 points, or 2.62 percent, to finish at 4,876.76.

The Shenzhen Component Index on the smaller Shenzhen Stock Exchange fell 364.53 points, or 2.21 percent, to 16,118.97.

The Hushen 300 Index, which accounts for 60 percent of the nation's stock market value, dropped 120.36 points, or 2.42 percent, to 4,857.29.