(Yicai Global) July 222 -- Chinese stock markets closed lower at the lunch break but shares on the new sci-tech SSE Star Market were much sought after by investors, more than doubling their initial public offering prices in morning trading. 

Delivering a less dazzling performance, the Shanghai Composite Index closed down 0.57 percent at 2,907.44 and the Shenzhen Component Index fell 0.33 percent to 9198.34. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, declined 0.62 percent to 1531.41.

Editor: Ben Armour