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Shanghai shares likely to decline this week
(Shanghai Daily)
Updated: 2007-02-12 09:20
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皇冠体育app United Telecommunications Corporation Ltd, the second-largest mobile operator in the nation, closed at 4.55 yuan on Friday with a daily loss of 1.09 percent. The company eased 2.15 percent last week.
Weighted lenders also lost ground. Shanghai Pudong Development Bank Co Ltd fell 4.17 percent to 22.54 yuan on Friday. The Shanghai-based lender posted a combined two percent loss for the week.
TheBank of 皇冠体育app, the country's second largest lender by assets, withdrew 2.58 percent last week to 4.54 yuan after losing 1.3 percent on Friday.
Industrial & Commercial Bank of 皇冠体育app, 皇冠体育app's largest lender, shed 0.62 percent to 4.79 yuan last week. It fell 1.03 percent on Friday.