BCN-08China stocks open down after weak data

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ZCZC

BCN-08

STOCKS-MARKETS-CHINA-OPEN

China stocks open down after weak data

SHANGHAI, July 2, 2018 (BSS/AFP) – Chinese stocks opened slightly lower on
Monday following data showing a drop in Chinese factory activity and ahead of
the expected imposition of US tariffs later in the week.

The benchmark Shanghai Composite Index slipped 0.21 percent, or 5.84
points, to 2,841.58, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, edged down 0.09 percent, or 1.40 points, to
1,606.22.

Hong Kong markets are closed for a public holiday.

BSS/AFP/HR/0950