China shares open 1.3% lower
www.chinaview.cn 2008-11-12 10:05:49   Print

Special Report: Global Financial Crisis

    BEIJING, Nov. 12 (Xinhua) -- Chinese shares opened almost 1.3 percent lower on Wednesday on worries over a slowing economy and tracking the sell-off on Wall Street.

    The benchmark Shanghai Composite Index, which covers both A and B shares, slid 23.17 points, or 1.26 percent, to 1,820.44.

    The index dropped 1.66 percent on Tuesday, ending Monday's short-lived rally boosted by the 4 trillion yuan (570 billion U.S. dollars) economic stimulus package unveiled on Sunday.

    Overnight the Dow Jones Industrial Average slipped 176.58 points, or 1.99 percent, to 8,693.96.

Editor: An
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