Chinese shares close low

Beijing, Dec 28 (IANS) Chinese stocks closed lower on Monday, with the benchmark Shanghai Composite Index down 2.59 percent to close at 3,533.78 points.

The smaller Shenzhen index dipped 2.27 percent to close at 12,686.34 points, Xinhua reported.

The ChiNext Index, which tracks China’s NASDAQ-style board of growth enterprises, lost 2.12 percent to close at 2,735.49 points.

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