Investors shake off speculation of new listings
By Xie Yu in Shanghai | China Daily | Updated: 2013-05-04 07:57
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Investors at a brokerage in Fuyang, Anhui province, on Friday. The benchmark mainland index surged by 1.44 percent. Lu Qijian / For China Daily |
The Chinese stock market rallied strongly on Friday, as investors ignored predictions of a deluge of IPOs that many fear could depress stock prices by siphoning off investment funds.
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