Chinese shares close lower Thursday

Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 0.67 percent to 3,655.83 points.

The Shenzhen Component Index closed 1.68 percent lower at 11,197.98 points.

Turnover of stocks covered by these two indices totaled about 1.93 trillion yuan (around 287.31 billion U.S. dollars), up from 1.68 trillion yuan on the previous day.

Shares related to ceramics, brewing, and printing and packaging were among the top gainers, while media, machinery, and electronic information stocks led the declines.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 2.44 percent to close at 2,509.43 points Thursday.

Chinese shares close lower Thursday

Chinese shares close lower Thursday

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.35 percent lower at 1,559.14 points on Thursday.

The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 0.73 percent higher at 1,309.84 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 Thursday