Chinese Stocks Open Higher With Strong Farming(Yicai Global) Sept. 29 -- Chinese mainland stock markets opened higher this morning with agricultural shares among the best performers.
The Shanghai Composite Index rose 0.45 percent to 3,231.86. The Shenzhen Component Index opened up 0.64 percent to 12,843.23. The ChiNext, which tracks growth enterprises listed in Shenzhen, gained 0.68 percent to 2,538.36.
The farming sector showed some successful climbs such as Yisheng Livestock & Poultry Breeding [SHE:002458] that jumped 5.8 percent to CNY12.63 (USD1.85). Meanwhile, Guangdong province-based Haid Group [SHE: 002311] rose 3.5 percent to CNY60.47.
Vaccine developers and textile manufacturers were among the worst performers. Troubled detergents maker Lonkey Industrial slumped by the daily limit of 10 percent for the second straight day after saying that CNY572 million (USD83.8 million) worth of inventory has simply "vanished."
Editor: Emmi Laine
