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  • Chinese shares close sharply down
    Date: 18-Jan-2007 Sources: (Xinhua Online)

    China's major stock indices dropped sharply on Wednesday, after a two-day rebounding.

    The benchmark Shanghai Composite Index closed at 2,778.90 points, down 42.12 points from the previous close.

    The Shenzhen Component Index slumped 227.24 points to close at 7,775.65 points. The total turnover on the Shanghai and Shenzhen stock exchanges stood at 150.75 billion yuan (about 18.84 billion U.S. dollars).


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