(Yicai Global) Sept. 4 -- China's mainland stock markets opened much lower this morning as the three major benchmarks all dived over 1 percent after the US market slid from a historic high yesterday.

The Shanghai Composite Index opened at 1.43 percent lower to 3,336.41. The Shenzhen Component Index started at 13501.91, down 1.96 percent. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dropped 2.06 percent to 2,690.29.

The Dow Jones Industrial Average tanked 2.78 percent to 28,292.73 yesterday, after hitting a meteoric 29,199.35 high in early trading. The Nasdaq Composite Index toppled 4.96 percent and the S&P 500 Index slid 3.51 percent.

Editor: Ben Armour