Chinese shares plummeted on Thursday, with the benchmark Shanghai Composite Index diving 6.5 percent to finish at 4,620.27 points.

The Shenzhen Component Index plunged by 6.19 percent to close at 15,912.95 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 5.39 percent to end at 3,432.98 points.