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Chinese shares open lower

Beijing, June 23 (IANS) Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.11 per cent to open at 2,902.4 points. The smaller Shenzhen index opened 0.09 per cent lower at…



Chinese yuan strengthens against USS

Beijing, June 23 (IANS) The central parity rate of the Chinese yuan strengthened 277 basis points to 6.5658 against the US dollar on Thursday, according to the China Foreign Exchange Trading System. In China’s spot…