Rate increase fails to rein in bull run
By Li Xiang | China Daily | Updated: 2010-10-21 07:48
Stock market hits six-month high following hike in interest rate
BEIJING - China's benchmark stock index rose to a six-month high on Wednesday, reflecting investor confidence in the strength of the economy following the central bank's interest rate hike.
Analysts said that the rate hike is unlikely to change the bullish trend in the A-share market.
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