![Chinese shares open lower tracking Wall Street losses [CFP]](http://images.china.cn/attachement/jpg/site1007/20090421/00016c8b5de90b5773c459.jpg "Chinese shares open lower tracking Wall Street losses [CFP]") |
| Chinese shares open lower tracking Wall Street losses [CFP] |
Chinese shares opened lower Tuesday tracking Wall Street overnight plunge.
The benchmark Shanghai Composite Index fell 1.3 percent to 2,523.26 points. The Shenzhen Component Index dropped 1.3 percent to 9,665.91 at the opening.
On Wall Street, major indexes fell sharply Monday, as investors had doubts about banks' first quarter profit reports, and sold financial stocks to lock in profits from a strong six-week rally.
The Dow Jones industrial average lost 3.56 percent to 7,841.73, while the broader Standard & Poor's 500 index fell 4.28 percent to 832.39.
(Xinhua News Agency April 21, 2009)
