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Article: China Finance Online Inform Investors of Weak Chinese Stock Market Performance.
- Article from:
- PR Newswire
- Article date:
- February 10, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Feb. 10 /Xinhua-PRNewswire/ -- China Finance Online Co. Limited , a leading Chinese online financial information and listed company data provider, today informed investors that the prolonged weak Chinese stock market performance will have negative impact on the business of China Finance Online.
Since 2005, the Chinese stock market has been in the down turn. Shanghai Stock Exchange Index closed at 1189 on February 1, 2005, a record low since June, 1999. The average daily trading volume of January 2005 is only about 28% of the average daily trading volume in the same period a year ago. The Shanghai Stock Exchange Index lost nearly 6% in January 2005. This ...