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CHINA-Shanghai Comp : The Chinese stock market continues to rise: Tracking analysis of 2/10/2012 :

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02/22/2012 | 02:11pm CET

 The Chinese stock market is rising this morning, reassured by an index of purchasing managers in contraction but at its highest level in four months.
 
 The Chinese PMI purchasing managers to measure the country's industrial activity is, indeed, stood at 49.7 in February, against 48.8 in January.
 
 According to our analysis of 2/10/2012, we remain positive on the index closing in Asia this morning, up nearly 1% around 2400 points. While crossing up 2420 points, it could cause a gradual upward acceleration towards 2600 points to 3000 points then.


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Top / Flop CHINA-SHANGHAI COMP
TIANJIN HI-TECH DEVELOPMENT.. 8.75 End-of-day quote.10.06%
BEIJING AIRPORT HIGH-TECH P.. 17.25 End-of-day quote.10.01%
CHINA UNITED NETWORK COMMUN.. 7.08 End-of-day quote.8.09%
JIANG SU ETERN CO LTD 10.4 End-of-day quote.7.11%
JIANGSU CHUNLAN REFRIGERATI.. 8.81 End-of-day quote.7.05%
SICHUAN HONGDA CO., LTD 6.84 End-of-day quote.-3.80%
YUNNAN CHIHONG ZINC&GERMANI.. 7.79 End-of-day quote.-3.95%
LIUZHOU LIANGMIANZHEN CO., .. 11.82 End-of-day quote.-4.14%
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FUJIAN CEMENT INC. 13.44 End-of-day quote.-6.86%
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