- Thursday 2010-02-04 16:53
The Shanghai Composite Index declined 8.53 points, or 0.28%, on Thursday to close at 2,995.31, on volume of 116.7 billion yuan. The Shenzhen Component Index ended at 12,169.48 points, down 93.09
points, or 0.76%, on volume of 82.27 billion yuan.
Shares of companies in Tibet rose on a plan by China to support and consolidate industry in the province. Tibet Tourism (600749, 12.96, +10.02%), Tibet Galaxy Sci-tech Development (000752,
12.10, +10.00%), Tibet Tianlu (600326, 18.03, +10.01%) and Tibet Rhodiola Pharmaceutical Holding (600211, 16.67, +10.03%) all rose by the daily limit on Thursday.
Hainan stocks also continue to rise. Lawton Development (600209, 16.26, +10.01%) rose by the daily limit for the fifth straight day. The company's shares have risen 184% from 5.72 yuan a month
ago.
Pharmaceutical stocks rebounded on the State Council’s approval of pilot reforms of public hospitals; Layn Natural Ingredients (002166, 30.22, +2.96%), Neptunus Bioengineering (000078, 14.42,
+4.19%) and Tiantan Biological Products (600161, 23.42, +1.96%) all rose.
Financial stocks dropped as an insider denied rumors that Central Huijin Investment Ltd. might increase its holdings in three major banks. Shenzhen Development Bank (000001, 22.20, -1.68%) led
drops in banks.
