Shenzhen stock exchange

Shanghai Index Soars 9.3 Percent on Tax Cut

Shanghai stock index slumped severely nowadays, but it surged 9.3 percent Thursday because of a cutting tax policy. From AP via Examiner.com: China’s most-watched stock index surged 9.3 percent Thursday – its biggest...

Banner Year for China Stocks – AP

From AP via CNNMoney.com: China’s stock market wound up a stellar – and turbulent – year Friday, with its benchmark Shanghai Composite index having soared nearly 97 percent, making it the world’s best-performing major stock index in 2007. But worries that authorities will raise interest rates or take other steps to cool the country’s blazing […]

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