China stocks reverse earlier falls to edge up

16 Oct, 2014

SHANGHAI: Chinese shares reversed earlier falls to edge up in late morning trade on Thursday despite weaker markets overseas, with analysts citing better-than-expected money supply and lending data as a supporting factor.

The Shanghai Composite Index was up 0.1 percent while the China CSI300 Composite Index was 0.1 by 0238 GMT.

Asia-Pacific markets fell on worries over global growth, following slew of downbeat US retail sales and producer price data that came on the back of weak figures from China and Europe.

Copyright Reuters, 2014

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