[Seoul=Newsis] Reporter Ye-seong Moon = The Chinese stock market opened higher on the 16th. On the same day, the Shanghai Composite Index opened at 3107.67, up 1.43% from the previous day. The Shenzhen Component Index rose 1.98% to 11,765.31, and China Next, called the Chinese version of Nasdaq, started trading at 2549.15, up 1.77% from the previous market. The Chinese stock market closed lower on the previous day on fears of an economic slowdown caused by the re-spread of COVID-19. The Shanghai Composite Index closed at 3063.97, down 4.95% from the previous day. The Shanghai Composite Index recorded 3092.78 at 9:58 a.m. on the same day as it fluctuated up and down. Early in the morning, tourism and aviation are showing strength.