Chinese shares open lower Wednesday

10:08, February 23, 2011      

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Chinese shares opened lower Wednesday with the benchmark Shanghai Composite Index down 0.37 percent to 2,844.99.

The Shenzhen Component Index opened 0.29 percent lower to 12,436.63.

Chinese shares tumbled 2.62 pct on the previous trading day due to the tensions in the Middle East and North Africa, as well as inflation concerns with soaring oil prices pushed up by the unrest.

Source: Xinhua
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