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Chinese Shares Higher at Start of the Week

0155 GMT — Chinese shares are higher in early trade, with the country’s first batch of registration-based initial public offers debuting Monday after Beijing overhauled the IPO system. Zhongzhong Science & Technology is up by 40% in its debut in Shanghai, while Shenzhen CECport Technologies is 160% higher in its debut. Decliners include liquor makers and hardware makers. Wuliangye Yibin Co. is down by 5.4%, Kweichow Moutai is 2.3% lower, and Hygon Information Technology Co. is off 1.2%. The benchmark Shanghai Composite Index is 0.1% higher at 3331.51. The Shenzhen Composite Index is also up 0.1% while the ChiNext Price Index gains 0.4%.(bingyan.wang@wsj.com)

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