(Yicai Global) April 10 -- China's mainland stock markets began the day lower, absorbing overhanging sell-off sentiments from Europe and the US, caused by escalating trade tensions articulated by tweets shot from the Oval Office.
The Shanghai Composite Index opened 0.46 percent lower to 3,224.65 points. The Shenzhen Component Index declined 0.32 percent to 10,403.24 points. The ChiNext Index, which tracks growth enterprises in Shenzhen, fell 0.76 percent to 1,727.97 points.
The US and European markets took a hit yesterday, as US President Donald Trump threatened to impose tariffs on USD11 billion worth of products made in the European Union, according to his tweet. The long-standing row stems from mutual claims of illegal subsidies that Netherlands-headquartered Airbus and Chicago-based Boeing receive.
Major Asia Pacific markets were also down this morning, partly affected by the glooming tariff debate.
Editor: Emmi Laine