Star 50 Dips to Nearly Three-Month Low in Chinese Stocks' Sluggish Morning(Yicai Global) Sept. 8 -- China's mainland stock markets, and particularly the Nasdaq-style Star Market, fell this morning as investors retreated to the sidelines after yesterday's losses amid the global economic uncertainties caused by the Covid-19 pandemic.
The Shanghai Composite Index, heavy with large caps, was 0.34 percent lower at 3,281.29 by the lunch break. Star 50, which tracks technology growth stocks, slumped 1.76 percent to 1,332.79, its lowest point since June 19.
The Shenzhen Component Index stood at 13,140.82, down 1.08 percent. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dipped 0.86 percent to 2,618.61.
Editor: Emmi Laine
