China: Stocks fall at Monday's open
[HONG KONG] Chinese stocks opened lower on Monday as investors moved into profit-taking following a recovery last week and after oil prices jumped on an international deal to cut output.
Mainland China's benchmark Shanghai Composite Index dropped 0.66 per cent, or 18.50 points, to 2,778.13.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 1.11 per cent, or 19.00 points, to 1,702.22.
Hong Kong was closed for a public holiday.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part