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Macro US Stocks

Shanghai Composite Opens 2.11% Lower at 3612.15

The Shanghai Composite opened at 3612.15 on Thursday, down 2.11%, as Chinese equities fell sharply at the open. The Shenzhen Component dropped 3.72% to 11044.56, the ChiNext Index fell 4.99% to 2438.72 and the STAR 50 lost 5.05% to 1221.67. The CSI 300 opened 2.32% lower at 4017.94, while the CSI 500 and CSI 1000 fell 3.39% and 3.55% respectively.

Original source

AI take

The dispersion matters more than the headline drop: losses widen steadily from the broad-based SSE and CSI 300 toward the growth-heavy ChiNext and STAR 50, a pattern that points to tech and small-cap exposure bearing the brunt rather than a uniform de-risking. That skew is what makes this notable for anyone tracking Chinese equity beta in crypto and RWA markets, where sentiment often leans on the same risk appetite. Whether the growth indices keep underperforming the blue-chip benchmarks into the session is the open question.

Generated by AI for reference only.

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