July 3, 2007

Market up slightly in thin trading

“The purchase of the special bonds from the Ministry of Finance gave the central bank a very good measure to mop up liquidity, which will not add extra costs”

Heavy buying of financial stocks yesterday lifted the mainland stock market to end 0.41 percent higher after it dropped as much as 2.5 percent at mid-afternoon on lingering fears that a special bond issue may … via People’s Daily Online

Original post by People’s Daily Online

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