HK Stocks Advance Shanghai Plunges

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Market Update :

HK Stocks Advance, Shanghai Plunges

Author: 123jump.com Staff
123jump.com
Last Update: 9:20 AM EDT April 01 2008

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Stocks in Hong Kong advanced tracking gains in international markets but stocks in Shanghai continue to fall. Shanghai stocks have suffered the most in the last five months of trading and retail investors are bearing most of the losses. Mainland investors are worried that Chinese government will not support the stock market. Fear of more declines is driving Shanghai stocks lower.

More: Hong kong Market Update Archive

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