Chinese stocks extend losing streak
Chinese shares
Beijing - XINHUA
Chinese shares continued their downward trend on Monday partly due to weakness in coal mining and real estate.
The benchmark Shanghai Composite Index dropped for a third consecutive trading day since reaching a 65-month high on Wednesday, ending 1.71 percent lower at 3,229.32 points.
The Shenzhen Component Index ended at 11,285.18 points, down 0.35 percent, marking the fourth day of declines in a row.
Total turnover on the two bourses shrank to 570.38 billion yuan (93.15 billion U.S. dollars) from 702.68 billion yuan on the previous trading day.
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