Shenzhen: The ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, closed 0.8 percent lower, settling at 2,005.26 points on Monday.

According to Namibia Press Agency, the ChiNext Index, along with the Shenzhen Component Index and other indices, serves as a key indicator of stock performance on the Shenzhen Stock Exchange. As the week commenced, the decline in the index reflects the current market trends and investor sentiment within the growth sector.