China's Mainland Stock Markets Open Mixed as Liquor Shares Drop(Yicai Global) Jan. 27 -- China's mainland stock markets began mixed this morning, following yesterday's plunges, while liquor makers slid by 0.8 percent due to some modest earnings reports.
The Shanghai Composite Index started 0.05 percent lower at 3,567.55. The Shenzhen Component Index was at 15,328.87, down 0.15 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, rose 0.35 percent to 3,269.77.
Sichuan-based distiller Swellfun's stock price [SHA:600779] began 3.9 percent down at CNY83 (USD12.80) after the company forecasted its annual profit to have dropped by 11 percent last year.
Shares of Yingjia Distillery [SHA:603198] staged a surprise jump of 5.8 percent this morning after the liquor firm said that its annual profit may have stood unchanged or risen by 5 percent last year.
Editor: Emmi Laine
