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Chinese shares close lower Tuesday, below 3,000-point level

(Xinhua)
Updated: 2010-02-23 16:00
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BEIJING: Chinese equities continued the downward trend of the previous trading day and closed lower Tuesday, with the benchmark Shanghai Composite Index below the psychologically-important 3,000-point level.

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The Shanghai Composite Index lost 0.69 percent, or 20.82 points, to close at 2,982.58 points.

The Shenzhen Component Index edged down 1.18 percent, or 144.34 points, to finish at 12,069.21 points.