This Day, That Year
China Daily | Updated: 2017-09-27 07:15
Item from Sept 27, 1986, in China Daily: A rush is on in Shanghai to buy stocks on the newly-opened stock market, the first of its kind since the founding of the People's Republic of China in 1949.
"This is a step further in the reform of finance," Li Xiangrui, director of the People's Bank of China Shanghai branch, said.
The country's stock market has come a long way since it first began operations about three decades ago.
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