Business

Chinese shares see sharp drop on Monday

By Yang Yang | chinadaily.com.cn

Updated: 2018-10-08 15:27

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An investor watches a board showing stock information at a brokerage office in Beijing, on Oct 8, 2018.[Photo/VCG]

Chinese stocks plummeted on Monday, the first trading day after week-long National Day holiday, with the benchmark Shanghai Composite Index down 3.72 percent, closing at 2,716.51 points.

The Shenzhen Component Index fell 4.05 percent, dropping to 8,060.83 points.

The tech-heavy ChiNext Index, China's NASDAQ-style board of growth enterprises, slumped 4.09 percent on Monday, falling to 1,353.67 points.

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