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Chinese shares close higher Monday

18 Sep 2023, 20:05 GMT+10

© Provided by Xinhua

BEIJING, Sept. 18 (Xinhua) -- Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.26 percent to 3,125.93 points.

The Shenzhen Component Index closed 0.55 percent higher at 10,200.04 points.

The combined turnover of stocks covered by the two indices expanded to 698.5 billion yuan (about 97.37 billion U.S. dollars), down from 721.7 billion yuan the previous trading day.

Companies related to hotels and tourism reported significant gains, while those engaged in development zones were among the biggest losers.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.89 percent to close at 2,020.47 points.

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