China's shares ended at a 15-week low Monday, as the central bank's latest move to absorb liquidity heightened concerns about further monetary policy tightening, with banks and property developers leading the decline.

The benchmark Shanghai Composite Index, which tracks both A and B shares, closed down 3.0%, or 84.68 points, at 2706.66, the lowest closing level since Sept. 30. The Shenzhen Composite Index fell 4.3% to 1180.39.

The...