Chinese shares close lower

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Beijing, Jan 15 (IANS) Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 3.55 percent, at 2,900.97 points.

The smaller Shenzhen index tumbled 3.35 percent to close at 9,997.92 points, Xinhua news agency reported.

The ChiNext Index, which tracks China’s NASDAQ-style board of growth enterprises, dropped 2.86 percent to close at 2,112.9 points.

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