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China Shares
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jimitan
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31-Jan-2007 15:58
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Stocks like China Energy and Hsu Fu Chi are hit. Sudden fall. Hope it is just a knee jerk re-action. Below from Bloomberg Quote China's Stocks Decline Most in 21 Months: World's Biggest Mover By William Bi and Zhang Shidong Jan. 31 (Bloomberg) -- China's stocks tumbled the most in at least 21 months. China Vanke Co. and China Merchants Bank Co. led the drop after lawmaker Cheng Siwei said the country's shares are overvalued, adding to speculation the government will step up efforts to keep funds from flowing into the market. Unquote |
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