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Data You Can Use
Data You Can Use
UPDATED: November 19, 2007 NO.47 NOV.22, 2007
Market Value of Yuan-denominated A Shares Decreased 4.83 Trillion Yuan
 
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Numbers of the Week

4.8 trillion yuan

From October 16 to November 13, the market value of the yuan-denominated A shares decreased 4.83 trillion yuan ($648.3 billion), from a peak 35.6 trillion ($4.8 trillion) to around 30 trillion yuan ($4.03 trillion). At the same time, the average price/earning ratio decreased from 46 to around 40.

10%

The Ministry of Finance ordered local governments to spend no less than 10 percent of the money earned from land sales on cheap-rent apartments and affordable residential units, with the intention of helping the poor. 



 
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