Tuesday, April 28, 2009

Chinese shares open slightly higher on record credit

Special Report:Global Financial Crisis

BEIJING, April 13 (Xinhua) -- Chinese shares opened slightly higher on Monday with the benchmark Shanghai Composite Index up 0.98 percent to 2,468.08.

The Shenzhen Component Index rose 1.11 percent to 9,449.51 at the opening.

Credit extended by China's banks in the first quarter hit a record 4.58 trillion yuan (670 billion U.S. dollars), the People's Bank of China (PBOC) said Saturday.

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