It is a mixed pictured as China's stock market opened on Friday, after a sharp selloff on the previous day. The Shanghai Composite index opened low, dipping 0.36 percent, while the Chinext board increased 0.32 percent, and the Shenzhen Component Index also marginally rose 0.05 percent at opening.
China's stock markets plunged on Thursday, with indexes dropping over 6 percent in record high turnover, as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity.
The CSI300 index and the Shanghai Composite Index both slumped in late afternoon trade, ending down and 6.5 percent, respectively, their worst day since January the 19th when markets fell over 7 percent on an earlier crackdown on margin trading. In terms of points shed, the two indexes suffered their heaviest single-day loss since 2008.