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Chinese shares open lower Monday

BEIJING, Nov. 11 (Xinhua) — Chinese stocks opened lower on Monday, with the benchmark Shanghai Composite Index down 0.58 percent to open at 3,432.37 points. The Shenzhen Component Index opened 0.67 percent lower at 11,087.41 points. ■

China’s central bank conducts reverse repos Wednesday

BEIJING, Oct. 9 (Xinhua) — China’s central bank conducted 61 billion yuan (about 8.64 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Wednesday. The move aims to keep liquidity in the banking system reasonable…

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