Chinese shares open lower

Beijing: Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.20 per cent to open at 3,198.50 points.

The smaller Shenzhen Component index opened 0.24 per cent lower at 10,942.10 points, Xinhua news agency reported.

The ChiNext Index, China’s NASDAQ-style board of growth enterprises, was down 0.29 per cent to open at 2,176.12 points.