1st LD-Writethru: Chinese shares close lower Tuesday

BEIJING, Feb. 23 (Xinhua) — Chinese stocks closed lower Tuesday, with the benchmark Shanghai Composite Index down 0.17 percent, at 3,636.36 points.

The Shenzhen Component Index closed 0.61 percent lower at 15,243.25 points.

The combined turnover of stocks covered by the two indices stood at 1.02 trillion yuan (about 158 billion U.S. dollars), down from 1.29 trillion yuan on the previous trading day.

Stocks related to paper-making and finance led the gains, while shares related to steel and coal led the losses.

The ChiNext Index, tracking China’s NASDAQ-style board of growth enterprises, lost 0.84 percent to close at 3,112.36 points Tuesday.

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