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A-Shares Mixed
0390.HK, 601390.SH, China Railway Group
Posted by: Li Jun on Dec 03, 2007 | 16:12
Editorial Summary
The Shanghai Composite Index fell 0.07 percent to close at 4,868.611 on Monday, while the Shenzhen Composite Index rose 1.05 percent to close at 1,249.24. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached 70 billion Yuan and 26.3 billion Yuan, respectively.
Chinese railway and tunnel contractor China Railway Group (601390.SH; 0390.HK) rose 68.54 percent in its first day of trading in Shanghai to close at 8.09 Yuan. The company will list 3.3 billion shares in Hong Kong to raise up to US$2.46 billion on December 7.
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