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Article: China's stock market value to grow 20 percent next year: report
- Article from:
- Xinhua News Agency
- Article date:
- December 29, 2006
CopyrightCopyright 2006 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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China's stock market value to grow 20 percent next year: report
BEIJING, Dec. 29 (Xinhua) -- China's stock market will continue
its bullish performance next year to achieve a 20-percent growth in
its total value, says a report published by the State Information
Center here Thursday.
The report draws the conclusion from the anticipation that China's
listed companies will record a 20-percent growth in business.
Meanwhile, the stock market will see a fierce restructuring, with
major blue chips to go on rising, but most seeing shares to tumble by
a big margin, according to the report.
The total market value of China's stock market hit a record eight
trillion yuan (one trillion U.S. dollars) ...