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China: Shares up in morning trade

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Chinese shares were higher in morning trade on Wednesday following hefty losses in the previous session and the announcement of weak inflation for November, dealers said.

[SHANGHAI] Chinese shares were higher in morning trade on Wednesday following hefty losses in the previous session and the announcement of weak inflation for November, dealers said.

The benchmark Shanghai Composite Index rose 0.51 per cent, or 14.68 points, to 2,870.95.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 0.47 per cent, or 6.59 points, to 1,409.98.

China's consumer inflation fell to a five-year low of 1.4 per cent in November, the government said Wednesday.

AFP