Chinese shares lower in morning trade
2008-05-07 20:07:36 SINA English
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SHANGHAI, May 8 -- China share prices were lower in Thursdday morning trade led by financial and energy stocks after falls on Wall Street overnight and anxiety over fresh record oil prices, dealers said
They said that banks and oil stocks were hit hard amid renewed concerns of global inflationary pressure after oil surged overnight in New York to 123 dollars a barrel.
The benchmark Shanghai Composite Index, which covers A and B shares, was down 8.32 points or 0.23 percent to 3,570.81 at 10:39 am (0206 GMT).
(Agencies)
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