Off the wire
• Myanmar, Thailand step up cooperation in drug control  • Number of teenage births hit 20-year low in Singapore  • Australia's top arts bodies get significant gov't grant to tour China, India  • Benfica draws 1-1 with Sporting in Portuguese league  • China finish short track speedskating World Cup without gold  • Australian job advertisements grow: report  • Serial killer sentenced to death  • Two killed, 10 injured in S. Philippine road accident  • China court to rule on serial killer case  • Three local-level officials investigated for graft  
You are here: 　 Home

1st Ld-Writethru: China shares mixed in morning trade

Xinhua, February 9, 2015 Adjust font size:

Chinese stocks were mixed in morning trade Monday as investors remained cautious about the impact of the newly-launched stock option trading and the upcoming new stock offers.

China's first option contract the SSE50 ETF Option started trading on the Shanghai Stock Exchange (SSE) on Monday, which analysts say is expected to benefit brokerage firms and futures companies.

A total of 24 initial public offerings (IPOs) are scheduled this week, which could divert funds from existing shares.

The benchmark Shanghai Composite Index opened lower and lost 0.35 percent in the first hour of trading. The Shenzhen Component Index opened higher and gained 0.28 percent during the first hour. Endit