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China: Shanghai shares up 0.55% in morning trade


[SHANGHAI] Shanghai shares added 0.55 per cent in opening trade on Friday as China fixed the value of its yuan currency higher against the US dollar after three days of falls, dealers said.

The benchmark Shanghai Composite Index gained 21.85 points to 3,976.41.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.77 per cent, or 17.69 points, to 2,316.48.