(Yicai Global) Nov. 23- The Shanghai and Shenzhen stock markets continued to fall this afternoon, with the Shenzhen component tumbling 2.8 percent.

As of 1.30 p.m., the Shanghai Composite was down 2 percent at 2,592.43 points while the Shenzhen Component was down 2.79 percent at 7,673.43 points. The ChiNext Price Index is down 2.78 percent at 1,316.34 points.