China's Post-Holiday Stocks Open Mixed
Tang Shihua
DATE:  Feb 11 2019
/ SOURCE:  yicai

 (Yicai Global) Feb. 11 -- China's stock markets were a grab-bag after the week-long Lunar New Year holiday hiatus, as the nation's investors refocused their bleary gaze on financial markets.

The Shanghai Composite Index dipped 0.19 percent to 2,613.17 points, and the Shenzhen Component Index was up 0.15 percent at 7,695.17 points, while the ChiNext Price Index, which tracks Shenzhen's growth companies, climbed 0.31 percent to 1,275.22 points.

The market will keep a close eye on the ongoing China-US trade talks set to resume later this week. The two nations will hold high-level trade discussions from Feb. 14-15 in Beijing to work out their remaining differences before a March 2 deadline for imposition of additional tariffs.

Led by Chinese Vice Premier Liu He and US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, respectively, the two sides will proceed based on negotiations that took place in Washington, DC late last month.

Both sides claimed key progress after that round finished up on Jan. 31.

Editor: Ben Armour

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