China: Shares mixed in morning trade

[SHANGHAI] Chinese shares were mixed in morning trade on Friday after data showed annual inflation for 2014 came in well below the official target, dealers said.

The benchmark Shanghai Composite Index fell 0.53 per cent, or 17.53 points, to 3,275.93.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.17 per cent, or 2.47 points, to 1,453.62.

China's consumer inflation stood at 2.0 per cent for the full year 2014, the government said, down from 2.6 per cent in 2013 and well below its target of about 3.5 per cent.

AFP