Chinese stocks slump on Thursday

chinadaily.com.cn
Updated: Aug 2, 2018
A stock investor looks at the screen at a brokerage in Hangzhou, Zhejiang province, Aug 2, 2018. [Photo/IC]

Chinese stocks plummeted on Thursday, with the benchmark Shanghai Composite Index plunging 2 percent to close at 2,768.02 points.

The Shenzhen Component Index fell 2.5 percent, dropping to 8780.56 points.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, dropped 2.06 percent on Tuesday, at 1,510.09 points.

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