Insurance News
- China's B shares keep downward trend, but A shares strong
Date: 23-May-2007 Sources: (Xinhua Online)
China's USD-denominated B-share market in Shanghai continued to weaken Wednesday morning after a brief surge from the day's opening price of 331.68 points.
The yuan-denominated A-shares, however, kept rising, with the benchmark Shanghai Composite Index opening at 4,125.43 points, up 15.05 points, or 0.37 percent.
The Shanghai index closed at record highs for two consecutive days this week, despite interest rate hikes announced by the central bank last Friday.
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