Chinese A-shares open lower, property developers, insurers, education firms, securities brokers lead losses
Chinese A-shares open lower, property developers, insurers, education firms, securities brokers lead losses

Chinese A-shares open lower, property developers, insurers, education firms, securities brokers lead losses

Chinese A-shares open lower, with the Shanghai Composite Index down 0.54%, the Shenzhen Component Index down 0.74%, and the ChiNext Index down 0.87%.

Property developers are leading the losses, with an index tracking the sector compiled by Wind Information sliding 2.6%.

Insurance companies, education companies, securities brokerage companies, precious metal companies, defence companies, liquor makers, food producers are mostly lower.

Retailers continue to rally, with Zhongbai Holdings hitting its limit-up for the seventh day in the pat ten trading days. The ice and snow economy stocks remain active.