BEIJING May 8 Shanghai shares edged up on
Thursday as investors hoped that authorities will unveil
stimulus measures to keep the pace of economic growth from
The Shanghai Composite Index ended up 0.3 percent at
2015.27 points. The CSI300 of the leading Shanghai and
Shenzhen A-share listings slipped 0.1 percent.
Speculation that government support for the economy might be
on the way helped property and other some stocks. Analysts said
that Chinese media reports interpreted comments by the People's
Bank of China on Tuesday as indicating the economy may be at
greater risk of slowing, heightening investor hopes of stimulus.
Several companies with exposure to Beijing and the northern
province of Hebei, including Hua Yuan Property Co Ltd
and Metro Land Corp Ltd, rose by the
daily limit of 10 percent on media reports of measures to aid
(Reporting by Natalie Thomas; Editing by Richard Borsuk)