China stock index up 0.99% at all-time high
(Reuters)Updated: 2006-12-14 15:47
 A investor looks at an electronic board at a stock exchange market in Shanghai December 13,2006. [Reuters]  |
The Shanghai Stock Exchange Composite Index was at 2,245.554 points in the early afternoon, passing the previous record intra-day high of 2,245.435 hit on June 14, 2001. The index is up 93 percent so far this year.
After staying away during a four-year slump, Chinese investors are pouring back to the market, encouraged by the listings of some of China's top firms and by regulatory reforms such as the removal of a $250 billion overhang of non-traded shares held by the state.
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