Shanghai key stock index dropped 1.65 percent yesterday with PetroChina, the most heavily weighted stock, sliding as the market discounted rumors of a possible fuel price hike while other large caps were sluggish.
The impact of the Olympic Games on Beijing's real estate market will be lasting and positive as infrastructure expansion creates new commercial areas and supports the development of suburban residential hubs.
Late afternoon buying on rumors the government was considering raising fuel oil prices reversed the stock market's slide, pushing the Shanghai benchmark index up 2.93 percent.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
