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Shanghaied by Shanghai! Shanghai’s key stock index is enduring unprecedented volatility after registering its biggest weekly loss since February. Today, the Shanghai Index rebounded and ended above 2,900 points after yesterday’s slide. On Monday China’s main stock index tumbled another 5.8%, leaving it down 16% for the month. At the end of last week, Shanghai [...]
Posted by Jim Trippon on Wednesday, August 19, 2009 at 2:39 am
Filed under China Market Commentary · Tagged ADR, adrs, China Markets, china stock, china stock digest, china stock market, Chinas Premier Wen Jiabao, growth enterprise, hong kong stock exchange, Investment China, ipo, NASDAQ, Premier Wen Jiabao, Shanghai Composite Index, Shanghai Composite Index (SCI), Shanghai Index, shanghi bubble, State Construction IPO