Sunday, July 1, 2007

China's CSI 300 Index Declines, Set for Longest Losing Streak This Year

(Bloomberg) -- China's key stock index fell in
volatile trade, set for its longest losing streak this year, amid
signs investor demand for equities is cooling. China Merchants
Bank Co. and China Vanke Co. dropped.

The CSI 300 Index fell 18.34, or 0.5 percent, to 3745.73 as
of the 11:30 a.m. local-time break, dropping for its third
consecutive day and erasing gains of as much as 1 percent. It
last declined for three days in the period ending Dec. 8.


Read more at Bloomberg Stocks News

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