HONG KONG May 8 China shares extended their
winning streak on Wednesday after robust April trade data, but
finished off the day's highs, with SAIC Motor
leading index gains after positive April sales.
The CSI300 of the leading Shanghai and Shenzhen
A-shares listings closed up 0.5 percent for its fifth-straight
daily gain. The Shanghai Composite Index rose 0.5
percent to 2,246.3 points in its fourth-straight gain.
China's exports and imports grew more than expected in
April, offering the possibility of a better outlook for the
world's second-largest economy, but the figures failed to put an
end to scepticism that financial manoeuvring by exporters and
speculative capital inflows are masking weakness in real demand.
SAIC Motor rose 5.5 percent.
(Reporting by Clement Tan; Editing by Kim Coghill)