market: As of closing time, the Shanghai Composite Index slipped by 0.18 percent to 2,596.98 points, while the Shenzhen Component Index fell by 0.08 percent to 7,589.58 points, according to Global Times China. The two markets had a promising start in the morning, with the Shanghai market up 0.32 percent and the Shenzhen market up 0.57 percent by the end of the morning session. Photo VCG On the first trading day for the domestic securities market after the change of the head at the China Securities Regulatory Commission CSRC A shares had an auspicious start in the morning session but fell slightly in the afternoon. The A-share markets got off to a flying start after Yi Huiman, the former chairman of Industrial and Commercial Bank of China, took office as the new head of the CSRC, replacing Liu Shiyu. When the news of the CSRC head change first came out several days ago, there was a positive mood in the market. Liu's new position is deputy Party secretary of the All China Federation of Supply and Marketing Cooperatives, according to the official website of the federation.
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