China shares up 0.39pc in morning trade

Chinese shares were up 0.39 per cent in early trade Wednesday with property developers leading the gains on encouraging sales data last month, dealers said. The benchmark Shanghai Composite Index rose 7.61 points at 1,982.75. China Vanke, the country’s largest developer by sales, said sales in November were 17.13 billion yuan ($2.72 billion), double those for the same month last year.