Chinese shares plunge 6.74%, driven by weak energy shares

Chinese equities plunged 6.74 percent Monday, driven by lower coal miners and oil refinery shares.

The benchmark Shanghai Composite Index fell 6.74 percent, or 192.94 points to finish at 2,667.75. The Shenzhen Component Index declined 7.55 percent, or 864.99 points, to end at 10,585.09.

Combined turnover shrank to 196 billion yuan ($28.7 billion) from 207.38 billion yuan on the previous trading day.

Source: BizChina