China A-shares opened higher then swung; the Shanghai Composite tested the 3,600
level intraday before recovering and was down 0.1% at the midday close. Shenzhen
Composite Index rose 0.14% and the ChiNext Index, which earlier gained more than
1%, closed up 0.1%. Turnover across the two exchanges exceeded 900 bln yuan and
more than 3,700 stocks fell. Film chains and cultural-media names extended
gains; robotics and grain-related stocks were active. Precious metals pulled
back after earlier strength, dairy stocks retreated sharply, property
underperformed, and dyes and livestock led declines.