ChiNext stocks opened lower Friday, with the ChiNext Index down 0.87 percent to open at 989.68.
The index, officially launched Tuesday on the Shenzhen Stock Exchange, has a base value of 1,000 points.
The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock Exchange.
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