Sunday, 17 June 2007

China's Shares Surge, Completing Recovery From Rout; Merchants Bank Climbs

(Bloomberg) -- China's key stock index rose, set
for its first record close of the month. China Merchants Bank Co.
led the advance.

The CSI 300 Index, which tracks yuan-denominated A shares
listed on China's two exchanges, gained 102.80, or 2.5 percent,
to 4202.18 as of 9:33 a.m. local time, exceeding the previous
high of 4168.29 on May 29.


Read more at Bloomberg Stocks News

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