BEIJING, March 16 (Xinhua) -- Chinese stocks closed lower on Monday, with the benchmark Shanghai Composite Index down 3.40 percent, at 2,789.25 points.

The Shenzhen Component Index closed 5.34 percent lower at 10,253.28 points.

Photo: VCG

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 5.90 percent to close at 1,910.77 points Monday.
The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, reflects the performance of stocks listed on the Shenzhen Stock Exchange.