Chinese Markets Open Higher After Previous Day’s Suspension

January 8, 2016 3:15 AM

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Chinese Markets Open Higher After Previous Day’s Suspension

HONG KONG — Chinese markets opened higher on Friday after the Chinese stock market regulator overnight suspended several measures that had been intended to smooth out instability but seemed to increase it.

Despite the positive opening, shares were volatile for the first hour of trading, with a quick sell-off within 30 minutes followed by another rise by midmorning. The CSI 300 blue-chip index was up about 1.7 percent, while the Shanghai Composite Index was up about 1.3 percent. The Shenzhen Composite ...

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