Chinese shares resumed slide on Thursday morning as investor confidence was further hard hit by the heavy sell-offs on Wall Street overnight.
The benchmark Shanghai Composite Index, which covers both A and B shares, opened down 21.84 points, or 1.17 percent, at 1,837.27. It gained 0.84 percent to 1,859.11 on Wednesday.
Overnight the Dow Jones Industrial Average tumbled 411.30 points, or 4.73 percent, to 8,282.66 amid growing concerns about the recession in the global economy.
The declines in Chinese stocks also came despite the government's latest measures to boost the export sector by raising export tax rebates starting next month.
Source: Xinhua
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