China's ChiNext Index hits six-year high
The Shanghai Stock Exchange. /CFP

The Shanghai Stock Exchange. /CFP

Chinese stocks closed higher on Monday, with the ChiNext Index hitting its highest point since June 2015.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 3.68 percent to close at 3534.76 points.

China's benchmark Shanghai Composite Index on Monday closed about 0.67 percent higher while the Shenzhen component added 2.14 percent. 

The combined turnover of stocks covered by the two major indices came in at 1.32 trillion yuan (about $204 billion), surpassing the one-trillion-yuan mark for the eighth consecutive trading day. 

Winners outnumbered losers by 1,247 to 628 on the Shanghai bourse and by 1,665 to 736 on the Shenzhen bourse.

Stocks related to cybersecurity, lithium batteries and cloud computing led the gains, while those in the banking sector posted weak performances. 

(With input from Xinhua)

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