Chinese shares were looking up in Friday trade Chinese shares extended their recovery on the last day of a volatile week which started with shock losses that spread fear to global markets. The mainland’s benchmark Shanghai Composite was up by 1.1% at 3,123.04 points in early trade. With these gains adding to Thursday’s recovery, investors hope that the panic and sell-off has died down for now. Stocks elsewhere in Asia also continued their rebound, helped by a strong finish for US shares. In Hong Kong, the Hang Seng index was higher by 1.6% at 22,186.30 points. Japan inflation flatlining Japan’s benchmark Nikkei 225 saw the strongest gains of Asia’s big markets, climbing 2.4% higher to 19,020.56. Morning trade in Tokyo extended Thursday’s recovery on the region’s largest stock market after its sharp losses earlier in the week. Investors were also looking at fresh data showing Japanese inflation fell back […]