The main stock market indices in China fell by a varying rate, as investors interacted with the country's inflation data for the month of March 2022.

The Shanghai Composite Index is down 1.75%, while Shenzhen is down 2.74%, and Hong Kong's Hang Sang Index is down 2.45%.

Shares in China's electric car maker Nio also fell more than 8% after the company announced it was suspending production due to disruptions caused by supply chain problems.

Chinese producer inflation for the month of March was higher than expected, as official data showed, on Monday, that the producer price index jumped 8.3% compared to last year, exceeding expectations for an increase of 7.9 %.