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SHENZHEN BOURSE POSTS 164% LEAP IN 2006 SHARE TRANSACTIONS.

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

SHENZHEN, Jan 1 Asia Pulse - Share transactions totaling 3.27 trillion yuan were made on the Shenzhen Stock Exchange last year, a record high.

The statistics represented a rise of 164.02 per cent from a year ago. Stamp tax generated by share transactions reached 6.47 billion yuan (US$829 million), a record high and a rise of 152.56 per cent on a year ago, according to information from the Shenzhen Stock exchange.

Warrant transactions grew particularly quickly in 2006, reaching 495.85 billion yuan, followed by mutual funds trades at 97.83 billion yuan. But trading of bonds plunged by 34.77 per cent to 14.9 billion yuan.

Brisk share trading pushed up the major share indexes. On Friday, the last day of ...

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Source: HighBeam Research, SHENZHEN BOURSE POSTS 164% LEAP IN 2006 SHARE TRANSACTIONS.

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