Chinese shares slump amid worries of possible interest rate hike
(Xinhua)Updated: 2007-04-19 15:03
Chinese shares plummeted on April 19, 2007, with the
benchmark Shanghai Composite Index closing at 3,449.02 points, down 163.38
points, or 4.52 percent from the previous close. The plunge came with concerns
of possible interest rate hike following the gross domestic growth (GDP) report
due to be released this afternoon. [newsphoto]
(For more biz stories, please visit Industry Updates)