Insurance Firms Weigh Down Chinese Stock Markets After Higher Opening(Yicai Global) Aug. 13 -- China's benchmark stock indexes held to their slide after opening higher, dragged down by insurance shares.
The Shanghai Composite Index started 0.27 percent higher at 3,328.18. The Nasdaq-style Star Market’s Board 50 Index of its top players climbed 0.48 percent to 1,464.91.
The Shenzhen Component Index stood at 13,373.16, up 0.49 percent. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, edged up 0.82 percent to 2,689.58.
Insurance stocks to lead the losers, slipping 1.15 percent on average as of 10.00 a.m., and they have fluctuated wildly recently.
Editor: Ben Armour
