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Shares drop 2.21% despite favorable CPI release, 06/12

2008-06-12 16:55:16

Chinese shares continued to move downward on Thursday, with the benchmark index slumping 2.21 percent to below 3,000 points, although the official figure reported dropping inflation.

Shares broke 3,000 points during trading, 06/11

2008-06-11 16:24:57

An investor watches the stock price monitor at a security firm in Dalian, Liaoning province on June 11, 2008. Chinese shares continued to move downward on Wednesday, with the benchmark index slumping below 3,000 points in morning session before slightly rebounding to close 1.57 percent lower. [Asianewsphoto]

Index tumbles 7.73% amid panic selling, 06/10

2008-06-10 15:18:11

Chinese shares plunged nearly eight percent on Tuesday, with investors nervous about the impacts of the reserve-requirement ratio hike announced on Saturday.

Shares slump 3.13% on Monday, 05/26

2008-05-26 15:42:10

Chinese share prices slumped heavily on Monday, dragged by heavyweights including PetroChina, China Life and banking stocks.

Shares down 0.36% despite telecom surge, 05/23

2008-05-23 16:21:03

Chinese shares remained weak on Friday despite soaring telecom stocks driven by the news of industry reshuffle.

Shares bounce 2.93%, led by heavy weights, 05/21

2008-05-21 17:14:03

Major stock index in the mainland rebounded 2.93% to close at 3,544 points on Wednesday, led by heavyweights of Sinopec and PetroChina.

Shares dive 4.48%, dragged down by heavy weights, 05/20

2008-05-20 15:57:25

Chinese shares dived 4.48 percent on Tuesday, dragged down by heavy weights.The benchmark Shanghai Composite Index closed at 3,443.16 points, plumped 161.60 points.

Inflation jumps 8.5% in April

2008-05-12 10:34:28

Consumer inflation in China rebounded to the highest level in 11 years in April, as food prices continue to surge.

Shares end 1.19% lower on high PPI rise rate, 05/09

2008-05-09 16:53:32

Chinese shares fell 1.19 percent on Friday, as the country's PPI for industrial products rose 8.1 percent in April over the same month last year, putting more pressure on the inflation rate.

Talk of telecom restructuring buoys Chinese shares, 05/08

2008-05-08 17:28:30

Stock rose 2.17 percent on Thursday after falling for two consecutive days, as telecom stocks gained on hopes for a speedier restructuring of the sector.

Securities firms get fat profits in 2007

2008-05-06 14:42:59

Net profits for China's securities firms increased almost four-fold to hit 137.65 billion yuan in 2007, according to statistics from Securities Association of China.

Index down 2.33% on heavyweights' sell-off, 04/28

2008-04-28 16:02:39

The Shanghai Composite Index ended Monday's trading at 3,474.72 points, down 2.33 percent on selling of heavyweights.

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