{"id":12664,"date":"2007-05-09T20:04:14","date_gmt":"2007-05-10T03:04:14","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/05\/09\/shanghai-index-passes-the-4000-mark-for-the-first-time-david-barboza\/"},"modified":"2007-05-09T20:04:14","modified_gmt":"2007-05-10T03:04:14","slug":"shanghai-index-passes-the-4000-mark-for-the-first-time-david-barboza","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/05\/shanghai-index-passes-the-4000-mark-for-the-first-time-david-barboza\/","title":{"rendered":"Shanghai Index Passes the 4,000 Mark for the First Time – David Barboza"},"content":{"rendered":"
From International Herald Tribune:<\/p>\n
After another feverish day of buying in this country’s amazing bull run, share prices in China broke records again Wednesday, sending the benchmark Shanghai composite index past the 4,000-point milestone for the first time.<\/p>\n
On a day when share prices also rallied in Hong Kong and Shenzhen, the Shanghai composite closed at 4,013.09 points.<\/p>\n
Share prices have already risen 50 percent in Shanghai this year after a 130 percent gain last year. In just over four months, the Shenzhen composite index is up 100 percent this year.<\/p>\n
The sharp gains are once again raising concerns about possible government intervention in a market that is wasting no time rewriting the record books.[Full Text]<\/a><\/p><\/blockquote>\n