Markets

China shares higher in morning trade

Published December 4, 2014 Updated December 4, 2014 03:51am

SHANGHAI: Chinese shares opened higher on Thursday, extending a rally on hopes of more monetary easing and economic reforms, dealers said.

The benchmark Shanghai Composite Index rose 0.45 percent, or 12.48 points, to 2,792.01.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.75 percent, or 10.91 points, to 1,463.83.

Copyright AFP (Agence France-Presse), 2014