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Indices
| SSEC | 2,202.45 | -3.29% |
05-09 |
| SZSC | 7,264.20 | -2.8% |
05-09 |
| HSI | 19,933.28 | -2.24% |
05-09 |
| JKSE | 0.00 | +2022.56% |
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| AORD | 0.00 | +4949.50% |
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| N225 | 0.00 | +12212.23% |
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| KLSE | 0.00 | +1070.54% |
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| SET | 0.00 | +645.80% |
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| STI | 0.00 | +2567.09% |
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eScoop
| Chinese Stock Market Rebound Foiled |
| on 05-Sep-2008 17:52 |
| Following the big retreat overnight on Wall Street, Chinese stocks tumbled Friday on concerns that the worldwide economic slowdown will slash corporate profits. Losses overwhelmingly outnumbered gains by 777 to 45 in Shanghai and 648 to 32 in Shenzhen. The nonferrous metals sector turned south despite being the previous session's best performer. The benchmark Shanghai Composite Index closed down 74.97 points or 3.29% to come in at 2,202.45. For its part, the Shenzhen Component Index finished at 7,264.20, down 209.4 points, or 2.8%. Combined turnover climbed 9.13% to reach RMB 45 bln. The brokerages were down across-the-board after being made aware of an impending anti-money laundering directive from the central bank. Haitong Securities, China's largest listed brokerage by market value, slumped by 6.08%. The agricultural sector suffered an average plunge of 7% due to dropping prices for agricultural commodities on global futures markets. Among the languishing large-caps, Petrochina, the country's biggest oil and gas producer, fell to an all-time low of RMB 11.92.
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Announcement Samples
[600242] RMB 80 Mln Obtained to Payoff Liability
(05-Sep-08)
[601390] 1st 2008 EGM on 20 Oct 2008
(05-Sep-08)
[600500] Deputy General Manager Li Xuetao Resigns
(05-Sep-08)
[600036] CBRC Approves Equity Acquisition
(05-Sep-08)
[600001] Trading Suspension as of 5 Sept 2008
(05-Sep-08)
[600509] Supplementary Coal Procurement Agreement Signed
(05-Sep-08)
Custom Solutions
NewsnChina covers all of the Chinese equities market news, quotes as well as summaries of relevant content across a number of key industry sectors. We are able to customise a news or content package just for you. From quotes and news through to print and publication summaries daily.
Building a Comprehensive Dababase - NewsnChina has a database of every Chinese public company listed on SSE, SZE and other overseas exchanges. Our CProfiles is the premium source of information about listed public companies as well as IPOs and future stocks. The financial data is derived from SSE, SZE and other stock exchanges and contain: Business Description, Quotes Data, Directors/Management, Capital Structure, Chart, Consensus Analytics and Financial Data.
NewsnChina's key products are:
CBIX - the news content brand of NewsnChina, is one of the few major content services in English, covering the leading print publications in China. CBIX is a database of news briefings that cover the main articles appearing in popular local Chinese and English newspapers, magazines and journals. Its initial target is the production of succinct, timely and comprehensive coverage of key sectors in China – alternative energy, oil & gas, chemical, mining & metals, technology and luxury goods.
XChange - is a hosted and branded, English language sub-site specifically designed for local stockbroking websites and QFIIs. XChange consists of content and functionality modules which are customizable to overseas investor’s business requirements. The key modules include CProfiles, Latest Quotes, Watchlists, CBIX, Charts, Research, and Market Data.
CProfiles - is a hosted solution for Chinese Companies that want to give global investors free access to their companies' up-to –date information in the English language from their own website. This means that the public companies with CProfiles will no longer have to maintain an English language profile by themselves - we do it for them automatically with content and data from their stock exchange fillings.