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• World Athletics Championships schedule (Day 4)  • Morocco, Algeria dominate African Confederation Boxing Championships  • Urgent: China stocks in sharpest fall since 2007  • German Bundesliga standings  • (Sports Focus) Su Bingtian, a step-stone for China's brave sprinting cause  • 1st LD-Writethru: China's 3 telecom operators announce new chairmen  • Tokyo shares end sharply lower on gloomy economy outlook  • Feature: Argentina crazy about tango, soccer, "mate"  • Singapore sees more crimes in first half  • UN weapons conference in Mexico "litmus test" of Arms Trade Treaty  
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1st LD: China stocks in sharpest fall since 2007

Xinhua, August 24, 2015 Adjust font size:

China stocks nosedived on Monday with the benchmark Shanghai Composite Index dropping 8.49 percent to close at 3209.91 points, the sharpest decline since Feb. 27, 2007.

The smaller Shenzhen Component Index fell 7.83 percent to close at 10,970.29 points. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 8.08 percent to end at 2,152.61 points.

Near 2200 shares tumbled by the daily limit of 10 percent. Enditem