The Shanghai Composite index drops by 0, 48%, to 2,943.62 points, while that of Shenzhen lost 0.68%, to 1,640.18. The losses were incurred with the liquidation request presented against Country Garden, the main private real estate developer in the Dragon, destined to further destabilize the sector.Stock market: Shanghai opens at -0.48%, Shenzhen at -1.18%, and New York at -2.02%.
The Chinese stock markets continue their negative trend at the start of the session following the heavy losses incurred.