BEIJING, March 26 (Xinhua) -- Chinese stocks registered a nearly across-the-board slump Tuesday with media and hotel sectors leading the losses.
The benchmark Shanghai Composite Index fell 1.51 percent to close at 2,997.1. The Shenzhen Component Index was down 1.95 percent to stand at 9,513.
Combined trading volume on the two indexes decreased to 768.3 billion yuan (around 114.6 billion U.S. dollars), from 819.4 billion yuan the previous trading day.
Most stocks fell, with losers outnumbering gainers by 1,231 to 205 on the Shanghai bourse, and 1,797 to 300 in Shenzhen.
The media sector led the declines, with the sub-index for the board down 4.88 percent. Huayi Brothers Media Corporation shares dropped 4.66 percent to close at 5.32 yuan apiece.
Hotel stocks also posted significant losses, with Shanghai Jinjiang International Hotels Development Co., Ltd. declining 2.38 percent to 27.02 yuan per share.
The ChiNext Index, China's NASDAQ-style board, lost 2.32 percent to close at 1,630.19.
