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« The Fed Stays Put | Main | Financial Stocks Heart Bernanke » March 21, 2007 Chinese Market Makes All-Time HighIt seems like it was only a few weeks ago that the Chinese stock market was ready to take down the world with it. Come to think of it, it was just a few weeks ago. On February 27, the Shanghai Composite Index fell 8.8%, which would be like the Dow losing over 1,000 points. The Dow responded by dropping 416 points. Well, now the Shanghai Composite has regained all its lost ground and is at a new all-time high. Last year, the Chinese stock market was up 130%.
Posted by edelfenbein at March 21, 2007 2:46 PM |
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