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Turnover on Chinese stock markets contracts amid worries (2) |
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22:01, July 13, 2007 |
The HK dollar-dominated Shenzhen B-Share Index climbed 0.88 percent to 719.39 points, after rising 2.8 percent on Thursday. Heavyweight financial stocks fell comprehensively on Friday with the Industrial and Commercial Bank of China down 0.37 percent to 5.37 yuan and the Bank of China down 0.77 percent to 5.13 yuan. Fujian-based Industrial Bank, however, climbed 0.13 percent. The Chinese currency stood at 7.5731 yuan to one U.S. dollar on July 13, up slightly but still lower than the record high of 7.5712 yuan on Wednesday.
Source: Xinhua [1] [2]
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