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Chinese shares close lower Thursday

BEIJING
2018-10-18 15:59

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Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 2.94 percent, at 2,486.42 points.

The Shenzhen Component Index closed 2.41 percent lower at 7,187.49 points.

The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, lost 0.87 percent to close at 1,221.2 points in the morning session Thursday.

The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small- and medium-sized enterprises) Board Index, are major indices reflecting the performance of stocks listed on the Shenzhen Stock Exchange.

The ChiNext Board, which started trading on Oct. 30, 2009, mainly lists high-tech companies and those with high growth potential.
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