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Chinese stocks close lower Tuesday

Xinhua, June 16, 2015 Adjust font size:

Chinese stocks plunged on Tuesday, with the benchmark Shanghai Composite Index diving 3.47 percent, or 175.56 points, to finish at 4,887.43 points.

The Shenzhen Component Index dropped 3.54 percent, or 626.62 points, to close at 17,075.93 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, slipped 2.85 percent, or 105.36 points, to end at 3,590.67 points. Endi