(Yicai Global) Dec.20 -- Chinese stock markets closed lower after rising at the opening bell. The ChiNext Price Index fell over 1 percent.

The Shanghai Composite Index closed at 3,004.94, down 0.4 percent; while the Shenzhen Component Index fell 0.65 percent to 10,229.49, and the ChiNext Price Index, which track Shenzhen-listed growth stocks, tumbled 1.05 percent to 1,771.71.

Editor: Ben Armour