Chinese Stocks Quickly Reverse Course After Opening Higher
Tang Shihua
DATE:  Oct 30 2020
/ SOURCE:  Yicai
Chinese Stocks Quickly Reverse Course After Opening Higher Chinese Stocks Quickly Reverse Course After Opening Higher

(Yicai Global) Oct. 30 -- China's mainland stock markets fell back after aspirational openings as prospects of fast global economic recovery look bleak.

The Shanghai Composite Index started 0.18 percent higher at 3,278.63. By 10.02 a.m., it was 0.16 percent up. Shanghai's Star Market Board 50 Index, or Star 50, began 0.10 percent up at 1,413.51, after which it fell 0.57 percent.

The Shenzhen Component Index first rose 0.18 percent to 13,544.29 but then slid 0.46 percent down. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, started 0.34 percent higher at 2,709.00 but soon declined by 0.50 percent.

Editor: Emmi Laine



 

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Keywords:   Stock Market,Market Open