Shanghai: Chinese stocks closed lower on Thursday, with the benchmark Shanghai Composite Index down 0.39 percent to 3,358.73 points. The Shenzhen Component Index also saw a decline, closing 0.99 percent lower at 10,736.19 points.

According to Namibia Press Agency, the drop in Chinese stocks on Thursday reflects ongoing market volatility. The performance of the Shanghai Composite Index and the Shenzhen Component Index is closely watched by investors for insights into the economic trends and market sentiments in China.