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Article: Weekly report for September 17th-21st.(STOCK)
- Article from:
- China Chemical Reporter
- Article date:
- October 6, 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 17th-21st, the indexes of Shanghai Stock and Shenzhen Stock climbed 2.68% and 0.08% respectively, hitting their historical new high again. Recently continuous and concentrated IPO absorbed much money from the stock market, the investors have, however, remained firm confidence in the booming economy of China, in spite of the judgment 'foam'.
The trade on the stock of Guangdong Kaiping Chunhui Co., Ltd. (SZ: 000976) was at last allowed to restart on September 17th after a stop of five months. Its majority shareholder--Guangdong Kaiping Terylene Enterprises Group went into bankruptcy. Its stock prices rocketed by 61.2% in the week, having ...