Shanghai Composite down 0.42% at 3,005 points (Il Sole 24 Ore Radiocor) - Shanghai , 20 Jun - Chinese stocks closed moderately lower, retreating from yesterday's slight losses amid strong Asian markets.

Investors digested the People's Bank of China's decision to keep its one- and five-year loan prime rates unchanged, despite mixed economic data released earlier this week that underscored the country's bumpy recovery.

The former serves as a benchmark for most corporate and household loans and the latter for property mortgages.

Earlier this week, the central bank kept the 1-year medium-term lending facility rate steady at 2.5% In mainland stock market dealings real estate and healthcare shares led the way south, extending a recent selloff.

Financials and consumer stocks also dropped.

The Shanghai Composite closed down 0.42% at 3,005 points, while the Shenzhen CSI 300 closed down 0.72% at 3,503 points.

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(RADIOCOR) 20-06-24 11:25:52 (0269) 5 NNNN