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Chinese share prices open slightly higher
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13:08, February 14, 2008

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Chinese shares opened slightly higher Thursday, with market mood buoyed up partly by overnight announcement of financial boost to the U.S. economy.

The benchmark Shanghai Composite Index opened at 4,527.05 points, up 36.33 points, or 0.81 percent, from the previous closing of 4,490.72 points.

Earlier report said that U.S. President George W. Bush signed a two-year economic stimulating scheme valued at 168 billion U.S. dollars on Wednesday.

Chinese shares fell on Wednesday, the first trading day after the Chinese Lunar New Year holiday week, affected by the weak performance of global markets and investor jitters ahead of the release of key monthly national economic figures.

Source: Xinhua

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