Chinese shares close lower Thursday

BEIJING, March 28 (Xinhua) -- Chinese stocks closed lower Thursday, with index.html" target="_blank">index.html" target="_blank">The media sector leading index.html" target="_blank">index.html" target="_blank">The losses.

index.html" target="_blank">index.html" target="_blank">The benchmark Shanghai Composite index.html" target="_blank">index fell 0.92 index.html" target="_blank">index.html" target="_blank">percent to close at 2,994.94. index.html" target="_blank">index.html" target="_blank">The Shenzhen Component index.html" target="_blank">index was down 0.65 index.html" target="_blank">index.html" target="_blank">percent to stand at 9,546.51.

Combined trading volume on index.html" target="_blank">index.html" target="_blank">The two index.html" target="_blank">indexes decreased to 663.7 billion yuan (around 98.7 billion U.S. dollars), from 768.3 billion yuan index.html" target="_blank">index.html" target="_blank">The previous trading day.

Most stocks fell, with losers outnumbering gainers by 1,128 to 298 on index.html" target="_blank">index.html" target="_blank">The Shanghai bourse, and 1,557 to 520 in Shenzhen.

index.html" target="_blank">index.html" target="_blank">The media sector led index.html" target="_blank">index.html" target="_blank">The declines, with index.html" target="_blank">index.html" target="_blank">The sub-index.html" target="_blank">index for index.html" target="_blank">index.html" target="_blank">The board down 5.89 index.html" target="_blank">index.html" target="_blank">percent. Shares of People.cn Co. Ltd. plunged by index.html" target="_blank">index.html" target="_blank">The daily limit of 10 index.html" target="_blank">index.html" target="_blank">percent to 24.76 yuan apiece.

Bucking index.html" target="_blank">index.html" target="_blank">The trend, companies related to 5G technology saw index.html" target="_blank">index.html" target="_blank">Their price surge. Shares of ZTE Corporation, a Shenzhen-based telecommunication equipment manufacturer, climbed by index.html" target="_blank">index.html" target="_blank">The 10 index.html" target="_blank">index.html" target="_blank">percent daily limit to finish at 29.34 yuan per share.

index.html" target="_blank">index.html" target="_blank">The ChiNext index.html" target="_blank">index, China's NASDAQ-style board, lost 0.67 index.html" target="_blank">index.html" target="_blank">percent to close at 1,626.82.