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GROWTH OF CHINA'S A-SHARE MARKET TOPS WORLD IN 2006.

AsiaPulse News

| January 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BEIJING, Jan 1 Asia Pulse - The Hushen 300 Index, which tracks some of the top values on China's yuan-denominated A-share market, posted the highest growth of any stock market in the world in 2006 with a 121 per cent rise, China Securities Journal reported on Saturday.

Listed companies raised a record-high of 220.44 billion yuan (US$28 billion) on the Shanghai and Shenzhen bourses in 2006, up 43.14 per cent on the previous high of 154 billion yuan in 2000.

The total market capitalization of the two stock markets grew 175.68 per cent year-on-year to 8.9 trillion yuan, equivalent to nearly half China's gross domestic product ...

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Source: HighBeam Research, GROWTH OF CHINA'S A-SHARE MARKET TOPS WORLD IN 2006.

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