(Yicai Global) March 26 -- China's stock markets fell back from a strong rebound this morning. The Shanghai Composite Index sank below 3,000 to hit a one-week nadir.

The Shanghai Composite Index subsided 1.51 percent to 2,997.10 points on a volume of CNY341.4 billion (USD51 billion). The Shenzhen Component index slipped 1.95 percent to 9,513.00 onCNY426.9 billion turnover. The ChiNext Index fell 2.32 percent to 1,630.19 points with CNY121.5 billion turned over.

The pork and port sectors led the rise, while defense firms and those holding shares in the new sci-tech innovation board plummeted.

Other Asia-Pacific stock markets closed mostly on the rise, with South Korea's Kospi up 0.23 percent,Japan's Nikkei rising 2.15 percent, Australia's ASX200 up 0.1 percent and New Zealand's NZX50climbing 0.58 percent.

Editor: Ben Armour