Stock Exchange: Shanghai and Shenzhen open at +0.12% after Fed hike

(ANSA) - BEIJING, FEBRUARY 02 - The Chinese stock exchanges return to trading slightly up a few hours after the new move by the Federal Reserve which, to counter inflation, increased rates by 0.25% up to a range between 4.5% and 4.75%, the highest since September 2007: the Shanghai and Shenzhen Composite indices both rose by 0.12% in the early stages and stood at 3,288.89 and 2,176.12 points, respectively.

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