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China: Shares up slightly in morning trade


[SHANGHAI] Chinese shares rose on Thursday morning after media reports that the state-backed China Securities Finance Corp, tasked with restoring stability to the market, has denied reducing its holdings in listed companies, dealers said.

The Shanghai Composite Index edged up 0.18 per cent, or 7.22 points, to 4,033.27.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.20 per cent, or 4.63 points, to 2,292.61.