Chinese shares open lower Tuesday

BEIJING, May 16 (Xinhua) -- Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.24 percent to open at 3,082.87 points.

The smaller Shenzhen Component index opened 0.26 percent lower at 9,819.71 points. The ChiNext Index, China's NASDAQ-style board of growth enterprises, was down 0.24 percent to open at 1,774.39 points.