China: Shanghai stocks open higher, with investors on edge

[HONG KONG] Shares in Shanghai opened higher in cautious opening exchanges Wednesday, after tumbling more than seven percent in the first two days of the new year on fears about the economy.

The benchmark Shanghai Composite Index gained 0.11 per cent, or 3.48 points, to 3,291.19, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.51 per cent, or 10.59 points, to 2,090.36.

The Hang Seng Index in Hong Kong fell 0.33 per cent, or 68.91 points, to 21,119.81.

AFP