(Yicai Global) June 12 -- China’s mainland stocks opened down this morning as Bytedance-related stocks ended their winning streak.

The Shanghai Composite Index opened 1.5 percent lower at 2,876.80, while the Shenzhen Component Index started 2.01 percent down at 11,017.15. The Chinext Price Index, which tracks growth enterprises listed in Shenzhen, began 2.08 percent lower at 2,149.96.

Firms working with semiconductors and photoresists lost out, while battery stocks were the top performers.

Editor: James Boynton