China stocks down 5.5% amid liquidity concerns

Stock Markets

Thursday, October 16, 2008 00:37:30

	China stocks down 5.5% amid liquidity concerns By STAFF EDITOR Published: April 09, 2008 06:54 PM The Shanghai Composite Index tumbled 5.5% to 3,413.90 points Wednesday as investors sold equities amid fresh liquidity concerns after a new wave of initial public offerings began this week following a 40-day gap, the China Daily reported. The index is now down 44.26% from its peak in mid-October last year. However, analysts ... You are currently reading 50 words of 154 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: credit , Bank of China , inflation , Shenzhen	More Articles in Stock Markets > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Zhejiang businessman draining capital from financial markets Shenzhen bourse hits out at underhand foreign investors Major state construction asset wins credit guarantee ahead of listing Shanghai launches financial stock index Saving the market would be saving China’s economy Citigroup casts doubt on the profitability of white goods manufacturers Shenzhen-listed firms buy assets worth $3.25b in 1H

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