Stock indices of China at the opening lost nearly 7%

Almaty. August 25. Silkroadnews - Trading on the stock exchanges in mainland China opened today with a powerful decrease in quotations, reported Tass.
"The index of Shanghai Composite, which reflects the situation on the Shanghai Stock Exchange, in the first minutes of the session declined by 6.41% and reached 3004.13 points. The index of Shenzhen Component, which is the main indicator of business activity on the trading floor in Shenzhen, fell by 6.91% to 10212.47 points", - said in a statement.
Financial analysts say that after the collapse on Monday when the Shanghai Composite on the day lost 8.49%, the market is in panic. In addition, investors react to the continuing decline in stock market indicators and commodity prices in Western and Asian markets.
The main reason for reducing the share experts call "concern about the situation in the global economy, forcing many investors try to hedge risks, leaving the market of government bonds and forex".
Meanwhile, analysts of the Chinese investment company "Tianxin toutszy" believe that the Chinese market is close to its lowest point.
"Shanghai Composite is unlikely to "pierce" the mark of 3000 points - in the coming days may even happen a moderate growth", - said in a company report.
The fall in the morning session are the assets related to the construction of the infrastructure, automotive industry and aircraft industry. Shares of state corporation "Chongqing lutsyao" fell by 10.02% to 9.79 yuan per share, the automaker's "Guangqi tszituan" - by 9.90% to 15.64 yuan. Securities of aerospace company "Zhongguo Weixing" fell by 9.99% to 42.62 yuan.