Wednesday, 04 July 2007

China's CSI 300 Index Slides to Lowest in a Month; Sinopec, Baoshan Drop

(Bloomberg) -- China's stocks fell to the lowest in
a month as new share sales heightened concern that funds will be
will drained from existing equities and a state agency called on
policy makers to take action to damp short-term speculation.

China Petroleum & Chemical Corp. and Baoshan Iron & Steel
Co. were among the biggest contributors to today's decline.


Read more at Bloomberg Stocks News

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