(Yicai Global) Nov. 18 -- China's mainland stock markets opened lower this morning, weighted by the plunging liquor producers, which fell off from a high in recent days.

The Shanghai Composite Index opened 0.08 percent lower at 3,337.33. The Shenzhen Component Index notched 13,710.02, down 0.16 percent, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, slipped 0.05 percent to 2,656.89.

Jinhui Liquor [SHA:603919], a distiller based in Northwest China’s Gansu province, plummeted 3.94 percent at open to CNY47.5 (USD7.24), following another loss of 5.43 percent yesterday. The stock has nevertheless gained nearly 40 percent this month, and more than 80 percent last month.

Editor: Ben Armour