China Shares Open Mixed as Port Operators Buoy Highest(Yicai Global) July 13 -- China’s mainland stock markets opened in a jumble as the Shanghai Composite Index went down 0.12 percent to 3,379.39, only to bounce back shortly thereafter, with port operation, retailing and safe-haven precious metal shares among the biggest winners.
The Shenzhen Component Index rose 0.2 percent to 13,699.22, while the ChiNext, which tracks growth enterprises listed in Shenzhen, swelled 0.41 percent to 2,789.98.
Longyan Zhuoyue New Energy [SH:688196]slumped 14 percent to 51.29 in the opening after one of the renewable energy firm’s plant’s went up in flames following an equipment maintenance accident, with two persons unaccounted for and two wounded.
Editor: Ben Armour
