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China stocks close lower on Monday

Xinhua, September 7, 2015 Adjust font size:

Chinese shares continued to head south on Monday, the first trading day after a four-day holiday weekend to mark the 70th anniversary of the end of World War II.

The benchmark Shanghai Composite Index dipped 2.52 percent to end at 3,080.42 points despite the assurance provided by the authorities over the weekend to stabilize the market.

The Shenzhen Component Index lost 0.63 percent to close at 9,991.76 points. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, gained 2.07 percent to close at 1,893.52 points. Endi