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Chinese shares close lower Thursday

2022-01-06 16:47

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BEIJING, Jan. 6 (Xinhua) -- Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 0.25 percent, at 3,586.08 points.

The Shenzhen Component Index closed 0.66 percent lower at 14,429.51 points.

The combined turnover of stocks covered by the two indices stood at about 1.14 trillion yuan (about 178.9 billion U.S. dollars), down from 1.31 trillion yuan on the previous trading day.

Stocks related to the metaverse and aviation suffered heavy losses, while firms in the fields of lithium extraction, winter sports and traditional Chinese medicine bucked the overall downward trend.

The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, lost 1.08 percent to close at 3,127.48 points.
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