Saturday, November 18, 2017
business /

Chinese shares up slightly in morning trade

business /
  • share this

Chinese shares up slightly in morning trade

/ 10:18 AM April 26, 2012

Shanghai – Chinese shares rose slightly in early trade Thursday with property stocks leading the gains on hopes for easing measures, but the upside was limited by worries over the domestic economy, dealers said.

The benchmark Shanghai Composite Index, which covers A and B shares, was up 0.19 percent, or 4.68 points, at 2,411.49.

China has for more than a year sought to control rises in home prices, with measures such as bans on buying second homes, hiking minimum down-payments and introducing property taxes in select cities.


But at the same time, the government has started encouraging first-time buyers with favorable lending policies.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: China, economy, stocks
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2016 | All Rights Reserved