Chinese Mainland Stocks Slide Over 1% at Lunch as Investors Scramble for Returns(Yicai Global) Aug. 7 -- Stock markets on China's mainland were under heavy selling pressure as investors discarded earlier market darlings to secure a return on investment.
The Shanghai Composite Index was down 1.45 percent to 3,337.43 at the lunch break, while the Nasdaq-like Star Market Board 50 Index, or Star 50, dropped 3.49 percent to 1,518.91.
The Shenzhen Component Index stood at 13,573.33,down 2.09 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, flopped 2.63 percent to 2,740.38.
Editor: Ben Armour
