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HomeEconomicFinance1st LD-Writethru: Chinese Shares Close Lower Thursday

1st LD-Writethru: Chinese Shares Close Lower Thursday

Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 1.12 percent to 3,226.89 points.

   The Shenzhen Component Index closed 1.54 percent lower at 11,237.7 points.

   The combined turnover of stocks covered by the two indices stood at 843.2 billion yuan (about 121.93 billion U.S. dollars), up from 818.4 billion yuan on the previous trading day.

   Bucking the downward trend, shares of companies in banking and cloud game sectors led the gains, while those related to coal, construction materials and tourism suffered the biggest losses.

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