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Shanghai Composite up 0.2% and CSI300 up 0.2% early after Beijing credit-easing steps; CSI300 Real Estate Index down nearly 7%, H-share index down 0.6%. PBOC cuts 1-year PSL rate to 1.5% from 1.75% and subsidises mortgages for first-time buyers.
By Jiaxing Li and Samuel ShenChinese stocks made modest gains on Wednesday, finding some support from Beijing's latest package of targeted credit-easing measures, though property stocks slid as steps aimed at helping the sector underwhelmed.The Shanghai Composite index SSE:000001 was up 0.2% at 3,8…