Sputnik - Chinese major stock exchanges opened on Monday with a slight decrease amid the looming introduction of the new package of US sanctions against Iran, according to the trading data.




As of�9:28 a.m. local time (01:28 GMT), the Shanghai Composite Index of�the Shanghai Stock Exchange dropped by�0.41 percent to�2,665.43 points, while the Shenzhen Component Index of�the Shenzhen Stock Exchange dropped by�0.45 percent to�7,831.82 points, and the Hang Seng Index of�the Hong Kong Stock Exchange decreased by�1.65 percent to�26,050.34 points.

In May, Trump announced Washington�s withdrawal from�the Iran nuclear agreement and subsequent reinstatement of�sanctions that had previously been lifted under�the deal. The first round�of sanctions against�Iran took effect in�August.

Later on�Monday, the second batch of�US restrictions against�Iran, is set to�come into�effect, targeting the country's oil exports.