(Yicai Global) July 21 -- Chinese stock markets opened higher following Nasdaq shares, which closed at an almost three-month high yesterday.

The Shanghai Composite Index opened at 3,330.55, up 0.49 percent. The Shenzhen Component Index started up 0.23 percent to 13,480.39. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, rose 0.4 percent to 2,708.13.

US stock markets closed up yesterday. The Dow Jones Industrial Average Index rose 0.03 percent to 26,680.87; while the Nasdaq Composite Index soared 2.51 percent to 10,767.09, the biggest gains since April 29; while the S&P 500 Index added 0.84 percent to 3251.84.

Editor: Ben Armour