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2007 - 05 - 15 14:46    sznews
 

    Bocom's US$3.3 billion sale drew a record US$188 billion of orders.

    Shanghai's index of foreign-currency B shares rose 3.9 percent to 329.16. Their 10-day gain is the longest winning stretch since the measure rose for 14 consecutive days ending January.

    China's B shares have gained since March amid speculation that the stocks will be merged with the more expensive, yuan-denominated A shares. The B shares, which can be bought and sold only by domestic individuals and overseas investors, are traded in US dollars in Shanghai and Hong Kong dollars in Shenzhen.

 
(Source: Shanghai Daily) Editor: Jenny Du
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