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Article: CHINA FINANCE ONLINE WARNS STOCK MARKET DOWNTURN MAY AFFECT RESULTS
- Article from:
- AsiaInfo Services
- Article date:
- February 21, 2005
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AsiaInfo Services
02-21-2005
China Finance Online Warns Stock Market Downturn May Affect Results
BEIJING, Feb 21, 2005 (SinoCast via COMTEX) -- China's professional securities information website China Finance Online (Nasdaq: JRJC) has recently warned that the further downturn of China's stock market would bring negative influence to future achievements of the company.
Since the beginning of the year, the country's stock market hasbeen remaining weak. The index of Shanghai stock market closed at 1,189 on February 1, which was the lowest point since June of 1999.
During January this year, average daily transaction volume of China's stock market just took 28 of that in the same period of last ...