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Chinese shares close lower Wednesday

Xinhua, January 13, 2016 Adjust font size:

China's stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 2.42 percent, at 2,949.6 points.

The smaller Shenzhen index lost 3.06 percent to close at 9,978.82 points. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, tumbled 4.09 percent to close at 2,059.78 points. Endi