Chinese shares dip over 3 pct at opening

Chinese stocks dived at opening on Monday, with the benchmark Shanghai Composite Index down 3.83 percent to open at 3,373.48 points.

The Shenzhen Component Index opened 4.22 percent lower at 11,399.66.

The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, opened 5.1 percent lower at 2,222.54 points.