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Chinese stocks closed lower Friday, with the benchmark Shanghai Composite Index going down 0.75 percent to end at 3,021.47 points. The Shenzhen Component Index closed 1.44 percent lower at 9,939.26 points.

Chinese stocks rose on Thursday, with the benchmark Shanghai Composite Index up 2.13 percent at 3,090.57 points.

Chinese technology giant Xiaomi Corp said its first quarter revenue jumped 27.2 percent year-on-year to 43.8 billion yuan (.3 billion), fueled by the company's push for its dual-core strategy that focuses on smartphones and the internet of things powered by artificial intelligence (AIoT).

Chinese stocks closed lower Friday with the benchmark Shanghai Composite Index falling 0.34 percent at 3,371.74 points, while the Shenzhen Component Index closed 0.68 percent lower at 11,215.19 points.

Clients will be able to rent the service by logging on to a web portal, and view distant stars in distant galaxies.