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Article: B Share Market on Tuesday
- Article from:
- Xinhua News Agency
- Article date:
- April 17, 2001
CopyrightCopyright 2001 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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China's hard-currency B shares went much higher on Tuesday, with
Shanghai's trekking to record again.
Shanghai's B-share Index, tracking U.S. dollar-denominated B
shares, soared 4.24 points, or 2.39 percent, to 181.71, another
historic high, according to Homeway, a leading Chinese on-line
financial and securities advisory company.
The benchmark index is riding on its ninth straight push into the
plus column Tuesday. While meeting resistance around 180 points, the
index was pushed higher in the end by increasing buyers, who dipped
in the market at the first sight of correction. Toward the closing
bell, it succeeded in lofting at the intraday peak.
In the meantime, Shenzhen's H.K.-denominated ...