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Article: Weekly report for September 24th-28th.(STOCK)
- Article from:
- China Chemical Reporter
- Article date:
- October 16, 2007
- Author:
CopyrightCOPYRIGHT 2007 China National Chemical Information Center. 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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In the week September 24th-28th, the indexes of Shanghai Stock and Shenzhen Stock rocketed 1.79% and 3. 49% respectively, seeming to congratulate China on National Day--October 1st. Twp large IPO by China Construction Bank and China Shenhua Group happened in that week totally absorbed approximately RMB90 billion, which has not had any negative impact on the confidence of investors.
Recently many companies announced that their performance in the third quarter will record a big growth compared with the same period of 2006, in particular, chemical fiber makers enjoyed more benefit from the rocketed price of chemical fibers. Among the list of weekly stock price ...