The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 3.78 percent lower at 1,992.23 points on Monday.
The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 5 percent lower at 1,663.69 points.
The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.
China's STAR Composite Index closes lower Monday
At least 21 people were killed in a fire that broke out at a hotel in New Delhi, India on Wednesday.
More than 40 others were taken to nearby hospitals for medical treatment, local media reported.
The fire initially broke out on the ground floor and spread quickly to the upper floors of the Micasa Inn hotel in the Malviya Nagar area.
The exact cause of the fire is still under investigation.
Sources said that the hotel is close to one of New Delhi's top medical centers, with most guests at the hotel either seeking treatment or attending patients admitted to the hospital.
It was also learned that under the license granted, the hotel was only allowed to have six rooms, whereas it was reportedly operating 25 rooms at the time of the incident.
At least 21 killed in New Delhi hotel fire
