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29
Australian and Asian Stock Markets Continue Decline
November 29, 2009 | Leave a Comment
SHANGHAI'S key stock index yesterday posted its biggest daily drop in three months, led by lenders on concerns that lower capital adequacy ratio due to explosive lending will force them to unveil large financing plans.
The decline came after the gauge tumbled 3.45 percent on Tuesday amid uncertainties about China's economic recovery. The Shanghai Composite Index [...]