[Photo/Sipa]

Chinese stocks plummeted on Monday, with the benchmark Shanghai Composite Index down 5.13 percent, closing at 2,928.51 points.

The Shenzhen Component Index decreased 6.08 percent, dropping to 10,379.28 points.

The ChiNext Index, China’s NASDAQ-style board of growth enterprises, fell 5.56 percent on Monday, at 2,169 points.

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