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1st LD-Writethru: Chinese shares slump Monday

Xinhua, June 13, 2016 Adjust font size:

Chinese stocks slumped Monday over weak investment data and drops on global equity markets.

The benchmark Shanghai Composite Index tumbled 3.21 percent to 2,833.07 points.

The smaller Shenzhen index closed 4.4 percent lower at 9,862.58 points.

Combined turnover on the two bourses rose to 589.15 billion yuan (90.64 billion U.S. dollars) from 545.93 billion yuan the previous trading day.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 6.03 percent to close at 2,054.71 points.

China's fixed-asset investment grew 9.6 percent in the first five months, 0.9 percentage points lower than that recorded in the first four months of 2016, official data showed Monday.

Concerns that Britain may vote to leave the European Union have contributed largely to slumps in the European and U.S. markets last week, according to Shanxi Securities. Endi