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Shanghai stocks down 0.43pc by midday

Shanghai stocks down 0.43pc by middaySHANGHAI: Shanghai equities slipped 0.43 percent on profit-taking Monday morning trade following hefty gains at the end of last week in response to government measures to prevent a market meltdown.

The benchmark Shanghai Composite Index fell 17.20 points to 3,940.15.

But the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged up 0.12 percent, or 2.70 points, to 2,193.12.

Copyright AFP (Agence France-Presse), 2015

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