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Article: 5 CHINESE BANKS' H-SHARES ROSE 20% TO 25% LAST WEEK
- Article from:
- AsiaInfo Services
- Article date:
- December 1, 2008
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AsiaInfo Services
12-01-2008
5 Chinese Banks' H-shares Rose 20% to 25% Last Week
SHANGHAI, Dec 01, 2008 (SinoCast Daily Business Beat via COMTEX) -- Five Chinese banks' Hong Kong dollar-denominated stocks went up 20% to 25% during the week ended November 28, in comparison with their prices in the previous week. These stocks greatly outperformed their corresponding Chinese yuan-denominated stocks.
The five banks are Industrial and Commercial Bank of China (ICBC, SHSE: 601398, and SEHK: 1398), Bank of China (SEHK: 3988 and SHSE: 601988), China Construction Bank (SEHK: 0939 and SHSE: 601939), Bank of Communications (SEHK: 3328 and SHSE: 601328) and China Merchants Bank (SEHK: 3968 and SHSE: ...