Business · Markets · 1 hr ago

More than 4,800 Chinese shares fall as major indexes open lower

More than 4,800 Chinese shares fall as major indexes open lower

Chinese A-shares opened lower on Oct.

13.

The Shanghai Composite fell 0.96%, the Shenzhen Component dropped 1.79% and the ChiNext index declined 2.18%.

More than 4,800 shares were down, showing that losses were widespread.

Communication equipment stocks fell sharply, and semiconductor shares also declined.

Agriculture, computer hardware, electronic components, internet and energy equipment stocks were among the other sectors that fell.

Shipping was one of the few sectors to rise.

The figures show a broad decline at the start of trading, but no reason for the falls or later market moves was given.

Sources

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