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China shares close above 4,000 points; turnover hits new high
www.chinaview.cn 2007-05-09 15:54:47
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    BEIJING, May 9 (Xinhua) -- China's shares prices kept bullish run on Wednesday as the benchmark Shanghai Composite Index stayed above the 4,000-point mark at the close.

    The key Shanghai index climbed 1 .60 percent, or 63.07 points, to finish at all time high of 4,013.08 points despite profit taking brought down the index by 0.60 percent in the morning trade.

    The component index on the smaller Shenzhen Stock Exchange rose1.02 percent, or 116.62 points, to 11,517.75 points.

    Combined turnover of the two bourses hit record high of 380.4 billion yuan (49.4 billion U.S. dollars). (one U.S. dollar equals 7.6971 yuan)

Related:

    Profit taking brings down record high Chinese benchmark index

    BEIJING, May 9 (Xinhua) -- Profit taking has brought down the record high benchmark Shanghai Composite Index by 0.6 percent to close at 3926.45 points in the morning session.

    The benchmark Shanghai Composite Index broke the 4,000-point mark at 10:49 a.m. to reach 4,014.31 points and began to decline afterwards. Full story

    Chinese benchmark index breaks 4,000-point mark in morning session

    BEIJING, May 9 (Xinhua) -- Led by telecommunication shares such as China Unicom, the benchmark Shanghai Composite Index, which covers both A- and B-shares, is declining after surging to a record high of 4,000 points in the morning session.

    The benchmark Shanghai Composite Index broke the 4,000-point mark at 10:49 a.m., up 1.06 percent, and began to decline afterwards. Full story

People watch the screen showing the stock market at a stock exchange branch in Shanghai May 9, 2007.(Xinhua Photo)
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Editor: Song Shutao
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