Chinese Stocks Rebound After US Tariff Hike Takes Effect
Tang Shihua
/SOURCE : yicai

(Yicai   Global) May 10 -- Major indexes on Chinese mainland stock markets  overcame initial selling pressure and withstood the impact of the US  government's decision to hike tariffs on the country's products today. 

The three major indexes briefly dived into negative territory at the start of afternoon trading, but rebound strongly after.

At  13.45 p.m., the Shanghai Composite Index was up 2.23 percent, while the  Shenzhen Component Index was up 2.97 percent. The ChiNext Price Index,  which tracks growth enterprises listed in Shenzhen, was 3.34 percent  higher.

Follow Yicai Global on
Keywords: Stock Market , Shanghai Composite Index , Shenzhen Component Index , ChiNext Price Index