China's share prices plummeted Monday against speculation over
possibility of further interest rate hike, with the benchmark
Shanghai Composite Index down 3.68 percent, or 150.36 points, to
close at 3,941.08.
The key Shanghai index, which covers both A- and B-shares listed
on the Shanghai Stock Exchange, was traded between 3,912.42 and
4,131.13 on turnover of 143.3 billion yuan (US$18.9 billion).
The Shenzhen Component Index on the nation's smaller bourse fell
4.5 percent, or 616.46 points,to end at 13,109.26 on turnover of
75.56 billion yuan (US$9.9 billion).
(Xinhua News Agency June 25, 2007)