China’s Shares Open Down as GM Food, Gold, Agro-Stocks Flop(Yicai Global) Aug. 20 – The three Chinese major mainland indexes opened lower this morning as agriculture, genetically-modified food and gold stocks slumped.
The Shanghai Composite Index was 0.65 percent lower at 3,385.96, while the Shenzhen Component Index fell 0.76 percent to 2,592.88. The ChiNext, which tracks growth enterprises listed in Shenzhen, decreased by 0.76 percent to 2,592.88.
Stocks related to the Fujian Free Trade Zone, transport equipment and oil extraction led the rise.
Editor: Ben Armour
