(Xinhua/Mao Siqian)

Chinese shares close higher Monday

Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.92 percent to 2,994.73 points.

The Shenzhen Component Index closed 0.57 percent higher at 8,899.17 points.

The combined turnover of stocks covered by the two indices stood at 658.04 billion yuan (about 92.34 billion U.S. dollars), down from 703.24 billion yuan recorded on the previous trading day.

Shares related to coal, furniture and environmental protection led the gains, while those in wine-making and plastics sectors suffered losses.

The ChiNext Index, tracking China’s Nasdaq-style board of growth enterprises, lost 0.04 percent to close at 1,682.69 points Monday