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Monday, 27 December 2010, 13:30 HKT/SGT
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Source: Chinaqualitycrafts.com
Chinaqualitycrafts.com Analyses of China's Stock Lose Ground Seriously

BEIJING, Dec 27, 2010 - (ACN Newswire) - Chinaqualitycrafts.com analyzes that Thursday Chinese equities closed lower with the benchmark Shanghai Composite Index down 0.79 %, or 22.68 points, to close at 2,855.22 points.

Chinaqualitycrafts.com (http://www.chinaqualitycrafts.com/products/) reported that The Shenzhen Component Index lost 0.96 %, or 122.38 points, to close at 12,644.58 points.

On the the previous trading day. Combined turnover shrank from 36.89 billion dollars to 31.76 billion dollars.

Losers outnumbered gainers 1001 to 130 in Shenzhen and 733 to 140 in Shanghai.

Chinaqualitycrafts.com analyzes that the ChiNext (it is shorten for China Next) Index, on June 1, launched by the Shenzhen Stock Exchange, fell 25.28 points, or 2.1%, to close at 1,176.36 on Thursday.

The index, together with the Shenzhen Component Index and the Shenzhen small and medium-sized enterprises Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the exchange.

It is reported that the ChiNext Board, which started trading on Oct 30, 2009, is a Nasdaq-style growth enterprises board, and mainly lists high-tech companies and those with high growth potential.

Contact:
www.chinaqualitycrafts.com
Tel:   +86-10-65569770
Email: my@chinaqualitycrafts.com 


Topic: Research / Industry Report
Source: Chinaqualitycrafts.com

Sectors: Daily Finance
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