1st LD-Writethru: Chinese shares close lower Friday

BEIJING, Feb. 26 (Xinhua) — Chinese stocks closed lower Friday, with the benchmark Shanghai Composite Index down 2.12 percent, at 3,509.08 points. The Shenzhen Component Index closed 2.17 percent lower at 14,507.45 points. The combined turnover of stocks covered by the two indices stood at 906.9 billion yuan (about 140.14 billion U.S. dollars), shrinking from 934.1 billion yuan on the previous trading day. Stocks related to plantation, environment protection and 5G sectors led the gains, while shares related to coal, non-ferrous metals and banking industries suffered the losses. The ChiNext Index, tracking China’s NASDAQ-style board of growth enterprises, lost 2.12 percent to close at 2,914.11 points Friday.

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