SHANGHAI COMPOSITE INDEX DIVED 5.42% ON MARCH 27

AsiaInfo Services, March, 2008

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siaInfo Services 03-31-2008 Shanghai Composite Index Dived 5.42% on March 27 SHANGHAI, Mar 31, 2008 (SinoCast via COMTEX) -- A couple of big-cap stocks declined to below their IPO prices and that greatly beat investors' confidence. China's benchmark Shanghai Composite Index plummeted 5.42 percent on March 27 accordingly. SSE (Shanghai Stock Exchange) Composite Index tumbled 195.37 points or 5.42 percent to close at 3,411.49, while SSE (Shenzhen Stock Exchange) Component Index plunged 377.68 points or 2.80 percent to end at 13,111.41. The turnover on the two bourses reached CNY ...