BEIJING, July 16 (Xinhua) - Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.12 percent to open at 2,938.64 points.

File photo: VCG

The Shenzhen Component Index opened 0.16 percent lower at 9,294.56 points.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, was down 0.14 percent to open at 1,545.34 points on Tuesday.

The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, reflects the performance of stocks listed on the Shenzhen Stock Exchange.