DHAKA: Shares in mainland China continued their slide on Tuesday, following a massive sell-off the previous day.

The Shanghai Composite fell a further 1.3% to 3,676.97, having sunk 8.5% on Monday - its biggest drop in eight years.

China has tried to calm investors by reassuring it will implement prudent monetary policy to stabilize markets.

The country’s central bank said it would inject 50bn yuan ($8.05bn) into the money markets, reports the BBC.

The People’s Bank of China also insisted that the country’s main economic indicators were steadily improving.

However, the dramatic drop on Monday had followed weak economic data on profits at Chinese industrial firms, and a disappointing survey of the manufacturing sector on Friday.

BDST: 1339 HRS, JULY 28, 2015
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