The work of the stock exchange. © AP Photo / Richard Drew
BEIJING, 12 Oct – Morning trading on the stock exchanges of China opened mixed following a sharp drop the previous day on the background of negative dynamics of U.S. stock exchanges, according to the auction.
The main index of the Shanghai stock exchange Shanghai Compositе, who a day earlier fell by 5.22%, hitting a new low since November 2014, decreased by 0.36% to 2574,04 points. Shenzhen Shenzhen Composite index, which on Thursday fell by 6.45%, and continued falling Friday, down another 0.44% to 1288,17 points. Hong Kong’s Hang Seng Index, which the day before has decreased by 3.54%, reaching its lowest level since may of 2017 on Friday after the opening of trading rose by 0.54% — to 25403,44 points.
Experts, according to the media, noted that under the influence of external volatility Chinese stocks category And may continue to experience short-term shocks. However, analysts are inclined to believe that this should not be expected in the long term, given the efforts of the authorities in China maintain sound liquidity and to expand access to its financial markets to attract international capital to the domestic market.