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China Shares Open Lower as Market Correction Nears End

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Chinese shares opened lower on Monday as the market's adjustment phase entered its final stage.

The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.8% lower at 3,966.02. The Shenzhen Component Index fell 0.9% to 14,908.98.

Most analysts surveyed by The Paper believe there is "no need to worry too much" about the decline in the A-share market, citing ample liquidity, upward cycle in corporate profits and high market risk appetite.

The structural adjustments that started in May are becoming more complete, and some analysts believe the conditions for ending the correction are falling into place, according to The Paper.

Meanwhile, analysts and executives projected China's second-quarter GDP deflator to turn positive for the first time in over three years. The GDP deflator, which measures price changes across all goods and services produced domestically, has been in the contraction zone for 12 straight quarters and stood at 0.1% in the first quarter of 2026.

In regulatory news, the China Securities Regulatory Commission and Hong Kong's Securities and Futures Commission held their 17th high-level enforcement cooperation meeting in Hong Kong to strengthen cross-border enforcement collaboration.

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