BEIJING - China's stocks closed down Monday with the benchmark Shanghai Composite Index down 1.9 percent, or 53.76 points, to finish at 2,781.4 points.

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The Shenzhen Component Index fell 2.02 percent, or 253.66 points, to end at 12,303.19 points.

Combined turnover was 224.44 billion yuan ($33.85 billion), a sharp rise from 185.28 billion yuan the previous trading day.

Losers outnumbered gainers 834 to 76 in Shanghai and 1,125 to 89 in Shenzhen.