Equities still have enough room for returns, say experts

Stocks on the Chinese mainland plunged on Monday to a 28-month low, with analysts saying it is a golden time to invest in the A-share market as it benefits from improving liquidity and strong economic resilience in the second half of the year.

The benchmark Shanghai Composite Index fell by 2.52 percent to 2775.56 points, with steel, coal, banking, real estate and securities shares leading the decline amid a falling yuan exchange rate.

The Shanghai Stock Exchange 50, dubbed China's "Nifty Fifty" index, slid 3.77 percent.