Chinese equities dropped 0.54 percent on Tuesday, as banking and property shares went weak.

The benchmark Shanghai Composite Index on Shanghai bourse closed at 2,959.36 points, down by 15.95. The Shenzhen Component Index closed at 11,566.61 points, down 38.90 points, or 0.34 percent.

Total turnover expanded to 213.58 billion yuan (US$31.41 billion) from 205.88 billion yuan on the previous trading day.

(Xinhua News Agency June 30, 2009)