(Yicai Global) Aug. 28 -- Stock markets on the Chinese mainland slid this morning as the banking sector, which fell 0.6 percent, weighed down on the big three benchmarks.

The Shanghai Composite Index closed for lunch at 2,892.70, down 0.33 percent. The Shenzhen Component Index fell 0.39 percent to 9,406.10, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dropped 0.24 percent to 1,624.15.