China Stocks fall most in seven months on Black Monday

The Mainland China equity market finished session down on Monday, 17 July 2017, as top policy makers emphasised on curbing financial risks, stoking concerns about increased scrutiny of the financial system, triggering a decline of nearly 500 stocks by their daily limit of 10%. The Shanghai Composite Index fell 1.4%, or 45.95 points, to 3,176.47 after dropping by as much as 2.2%, while the CSI 300 - which tracks the large caps listed in Shanghai and Shenzhen - dropped 1.1% or 39.53 points, to 3,663.56. The Nasdaq-style ChiNext tumbled 5.1% or 89.14 points to 1,656.43, the lowest since January 2015 and the Shenzhen Composite Index tumbled 4.3%, or 80.47 points, to 1,800.54

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