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China Enterprises Index slumps 4.97%
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Hang Seng China Enterprises Index slumped 696.26 points, or 4.97 percent, to close Monday's trading at 14,015.75.

 

The H-shares index, initiated in August 1994 and readjusted on Sept. 10, 2007, tracks the overall performance of 43 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

 

Hang Seng China H-Financials Index plummeted 901.39 points, or 5.54 percent, to close at 15,359.95.

 

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

 

Hang Seng Mainland Composite Index fell 220.95 points, or 4.82 percent, to close at 4,367.06.

 

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

 

Hang Seng China-Affiliated Corporations Index went down 268.01 points, or 4.92 percent, to close at 5,176.20.

 

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

 

(Xinhua News Agency January 29, 2008)

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