BEIJING, Feb. 26 (Xinhua) -- Chinese stocks opened lower Friday, with the benchmark Shanghai Composite Index down 1.97 percent to open at 3,514.56 points.

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The Shenzhen Component Index opened 2.35 percent lower at 14,480.74 points.

The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, was down 2.34 percent to open at 2,907.48 points.