The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.35 percent lower at 2,012.3 points on Monday.
The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 0.36 percent lower at 1,737.77 points.
The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.
China's STAR Composite Index closes lower 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
