Chinese shares drop 0.33% Tuesday

Chinese equities continued the downward trend for the third consecutive trading day and lost 0.33 percent in light trade Tuesday, amid investors' wait-and-see attitude.

The Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,754.54 points Tuesday, down 8.99 points, or 0.33 percent, from the previous close.

The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 11,069.28 points Tuesday, down 17.43 points, or 0.16 percent, from the previous close.

Combined turnover shrank for the six consecutive trading day to 117.5 billion yuan ($17.2 billion) from 118.5 billion yuan of the previous trading day.

Source: BizChina