Shanghai shares inch up on upbeat trade figures

Shanghai stocks yesterday rose for the fourth consecutive day as easing liquidity conditions continued to support the market while upbeat trade data alleviated concerns about a possible economic slowdown.

The Shanghai Composite Index added 0.3 percent to 2,109.96 points.

"The market was partly buoyed by expectations the global liquidity environment will remain loose after Janet Yellen, the new head of the US Federal Reserve, pledged to keep interest rates low," said Dong Wangfei, an investment consultant with Western Securities.