Chinese shares close mixed on Monday

Chinese stocks closed mixed on Monday, with the benchmark Shanghai Composite Index up 0.67 percent to 3,966.59 points.

The Shenzhen Component Index closed 0.04 percent higher at 14,316.96 points.

The combined turnover of stocks covered by the two indices stood at around 2.52 trillion yuan (about 371.22 billion U.S. dollars), down from 2.68 trillion yuan on the previous trading day.

The poultry, dairy and precious metals sectors led the gains, while co-packaged optics and non-metal materials recorded the sharpest declines.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.73 percent to close at 3,537.21 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.35 percent lower at 2,012.30 points.

Chinese shares close mixed on Monday

China leads the world in direct utilization of geothermal energy, with its geothermal heating and cooling area reaching 1.65 billion square meters, according to the China Geological Survey (CGS) on Sunday.

During the 15th Five-Year Plan period (2026–2030), the country will focus on three geothermal regions -- north China, northeast China and the middle and lower reaches of the Yangtze River, as well as four geothermal belts including the southeastern coastal area, to identify target zones for exploration and development, the CGS said.

Geothermal energy is a stable, low-carbon renewable resource with substantial reserves and high efficiency. China has long maintained the world's leading position in the scale of direct geothermal energy utilization.

China leads world in direct utilization of geothermal energy