China8217;s main stock index ended down 1.5 per cent on Monday,due to tighter market liquidity and caution over further policy tightening,with investors off loading recent gainers such as steel and cement issues.
The benchmark Shanghai Composite Index finished at 2,965.0 points,below the key 3,000-point psychological level. It has risen more than 15 per cent from a low hit in late January although it fell 1.3 per cent last week.