Briefly

Yuan strengthens against greenback

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 18 pips to 6.7162 against the US dollar on Monday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese mainland shares close mixed

Chinese mainland stocks closed mixed on Monday, with the benchmark Shanghai Composite Index up 0.19 percent to 3,697.52 points. The Shenzhen Component Index closed 1.19 percent lower at 11,534.38 points.

XINHUA-CHINA DAILY