0210 GMT - Chinese shares open lower in early Asian trade, dragged down by software and property stocks. Investors could be taking a cautious approach ahead of key data due this week, including trade, credit and inflation figures. The benchmark Shanghai Composite Index is down 0.1% at 3142.68, in a possible technical correction after gaining for six of the past seven trading days. The Shenzhen Composite Index is 0.55% lower, while the ChiNext Price Index sheds 0.5%. Among the decliners is 360 Security Technology, down 3.4%, and Poly Developments, which falls 2.3%. Advancers include China Shenhua Energy, which rises 1.8%, and Shaanxi Coal Industry, which adds 2.8%. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 07, 2024 22:12 ET (02:12 GMT)
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