(Yicai Global) July 31 -- China's mainland stock markets opened mixed this morning while Apple's suppliers rallied on the US tech company's better-than-expected earnings.
The Shanghai Composite Index opened 0.18 percent lower at 3,280.80. The Shenzhen Component Index was at 13,464.21, down 0.02 percent. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, rose 0.14 percent to 2,747.41.
Chip packaging provider Universal Scientific Industrial [SHA:601231] and automation equipment supplier Secote Precision Electronic [SHA:603283] both surged by the daily limit of 10 percent after the Cupertino-based firm said that its net profit climbed 12 percent in the quarter ended in June, more than what Wall Street had predicted. At USD59.7 billion, its revenue rose to a historic high for all the past third fiscal quarters.
Editor: Emmi Laine