Stocks News
- Shanghai News
Date: 15-May-2007 Sources: (Shenzhen Daily)
SHANGHAI'S foreign-currency B shares rose for a ninth straight day yesterday, the longest rising streak in four months, as local investors bet the stocks will be merged with their more expensive yuan-denominated counterparts.
Shanghai's index of B shares surged 9.5 percent to close at a record 316.79. That follows a 25 percent jump last week, the biggest weekly gain in six years. The Shenzhen Stock Exchange's B-share index climbed 5.8 percent to 764.82.
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