(Yicai Global) Oct. 15 -- China's mainland stock markets ended the morning in a jumble as the Shanghai benchmark struggled amid last month’s latest data of industrial product price declines.
The Shanghai Composite Index closed 0.1 percent higher at 3,344.25 at the half break. The Shenzhen Component Index was at 13,672.58, down 0.13 percent, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dipped 0.81 percent to 2,741.90.
Insurance firms contributed most to Shanghai’s gains. China Life Insurance [SHA:601628] surged 4.42 percent to CNY49.09 (USD7.30) at the noon bell.
China's producer price index, which measures costs for goods at the factory gate, fell 2.1 percent per year last month, the National Bureau of Statistics announced today. The decline slightly widened from a 2 percent drop in August.
Editor: Ben Armour