Forex News China shares may open lower as investors stay cautious ahead of macroeconomic data due later. Shanghai Composite Index tipped to test 2600 psychological support, after ending down 2.7% at 2705.87 yesterday. "Institutional investors aren't buying without a clear indication of economic growth in the second-half and the next year," says Wei Daoke, analyst at Shenyin Wanguo Securities. China 2Q GDP, June CPI due 0200 GMT. Oil refiners may rise as crude oil extended losses overnight. Shenzhen index down 4.2% to 808.01 yesterday.
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