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Chinese shares open lower Monday

Chinese shares open lower Monday

Write: Leonidas [2011-05-20]
Chinese equities opened lower Monday, following Wall Street losses on Friday, triggered by contagion fears about the sovereign debt crisis in Europe.
The benchmark Shanghai Composite Index shed 1.77 percent to open at 2,508.33 points.
The Shenzhen Component Index lost 2.06 percent to 9,977.23 points at opening.