China's Mainland Stocks Start Higher as Investors Shift Focus to Domestic Market
Tang Shihua
DATE:  Jan 07 2020
/ SOURCE:  yicai

(Yicai Global) Jan. 7 -- Stock markets on the Chinese mainland opened higher this morning as investors brushed aside geopolitical concerns over tensions in the US and Iran to focus on the local market.

The Shanghai Composite Index opened 0.08 percent higher at 3,085.79, while the Shenzhen Component Index started up 0.28 percent at 10,728.26. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, started the day 0.43 percent stronger at 1,867.90.

Major indexes in US stock market overcame a rough start to close the day higher yesterday as investors appeared less worried about the Middle East conflict escalating further.

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Keywords:   Stock Market,Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index