High CPI triggers a record low in stock market

High CPI triggers a record low in stock market
Mar 11, 2008 01:34
YVONNE Points: Join Date: Nov 29, 2004 Status: offline	According to NBS (China National Bureau of Statistics), CPI in Febuary has increased 8.7 percent, a new high in history. Influenced by this, shares in Shenzhen and Shanghai Stock Exchanges dropped sharply. The Shanghai Composite Index once was close to 4000 points, a record low in history. The statistics reveals that the Shanghai Composite Index dropped 0.67 percent and Shenzhen Composite Index declined 2.06 percent.

Mar 11, 2008 01:34

YVONNE
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Join Date: Nov 29, 2004
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According to NBS (China National Bureau of Statistics), CPI in Febuary has increased 8.7 percent, a new high in history. Influenced by this, shares in Shenzhen and Shanghai Stock Exchanges dropped sharply. The Shanghai Composite Index once was close to 4000 points, a record low in history. The statistics reveals that the Shanghai Composite Index dropped 0.67 percent and Shenzhen Composite Index declined 2.06 percent.

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