Business · Markets · 2 hrs ago

Chinese stocks open lower, with more than 4,000 shares falling

Chinese stocks open lower, with more than 4,000 shares falling

China’s three main stock indexes opened lower on Nov.

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The Shanghai Composite fell 0.37%, the Shenzhen Component dropped 0.69% and the ChiNext index declined 1.18%.

More than 4,000 stocks fell, showing that losses were widespread at the opening.

Precious metals, insurance, liquor, banks, electricity, brokerages and cars were among the sectors that rose.

Shipping, communications equipment, energy equipment, agriculture and semiconductors fell.

The market’s declines were broad, even as some sectors gained.

The figures describe the market at the start of trading; no later developments were given.

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