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Chinese shares open slightly higher tracking Wall Street rally
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11:13, March 18, 2009

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Chinese shares open slightly higher on Wednesday, with the benchmark Shanghai Composite Index gained 0.44 percent, or 9.66 points, to 2,227.98.

The smaller Shenzhen Component Index was up 0.58 percent, or 48.62 points, to 8,438.48.

Overnight, the U.S. stocks staged a strong rally as better-than-expected economic reports helped offset disappointing corporate news.

The Dow Jones Industrial Average rose 178.73, or 2.48 percent, to 7,395.70.


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