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Article: Biz Scene: MARKET

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China Daily
Article date:
March 29, 2007
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Index edges up

China's main stock index closed slightly higher yesterday. The Shanghai Composite Index climbed 1.09 percent to 3,173.02 points, after sliding nearly 3 percent in the morning session.

Turnover set a record high of 151.12 billion yuan on the Shanghai A-share market yesterday, because of heavy profit-taking.

Losers outnumbered gainers by 585 to 203. Lenders led the gains after the Industrial Bank Co reported a 54 percent increase in 2006 profit. The bank's shares rose 3.1 percent to 25.97 yuan.

Henderson buyout

Henderson Land Development Co, a construction company controlled by Hong Kong billionaire Lee Shau-kee, said it will buy assets from its investment arm for about ...

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