Chinese shares higher in morning trading

2008-07-22 02:56:50 GMT       2008-07-22 10:56:50 (Beijing Time)       SINA.com

Chinese share prices opened higher on Tuesday as two consecutive sessions of strong gains boosted sentiment, dealers said.

But oil refiners and airlines fell due to profit-taking after crude prices rose overnight in New York, they said.

The benchmark Shanghai Composite Index, which covers A and B shares, rose 6.07 points, or 0.21 percent, to 2,867.49.

The Shanghai A-share index was up 6.35 points, or 0.21 percent, to 3,007.91 while the Shenzhen A-share index gained 8.91 points, or 1.0 percent, to 903.37 points.

(Agencies)

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