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The Shanghai Composite Index lost 0.77% to close at 2,893, the Shenzhen Component Index down 0.05% and the tech-heavy Chinext Price Index down 0.65%.
Coal miners, oil and gas companies, property developers, catering and tourism companies, construction machinery companies, airlines, shipping companies, paper makers and construction companies led the losses.
The index tracking coal miners compiled by Wind Information tumbled 4.3% and the index tracking the real estate sector fell 3.4%. Shaanxi Coal Industry slumping more than 7%, Yankuang Energy down 6.9% and Shanxi Coking Coal down 5.8% and China Shenhua down 4.5%.
Poly Developments tumbled by the daily limit of 10%, Hangzhou Binjiang Real Estate Group down 9% and Zhuhai Huafa Propertieis tumbled slumping 9.3%, China Vanke down 5.7%, China Merchants Shekou Industrial Zone Holdings down 6.6% and Seazen Holdings sliding 4.4%.
Computer companies, software developers, aerospace and defence stocks, automakers, auto parts and securities brokerages suppliers outperformed.
Overseas investors sold a net 9 billion yuan of A-shares via the Mainland – Hong Kong Stock Connect Scheme on Monday, marking the second straight day of net selling.
