Chinese shares close lower Monday


Chinese stocks closed lower on Monday, with the benchmark Shanghai Composite Index down 1.21 percent, at 2,903.71 points.

The Shenzhen Component Index closed 1.43 percent lower at 9,103.36 points.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 2.01 percent to close at 1,503.06 points Monday.

The ChiNext Index, together with the...