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Chinese shares hit new high(chinadaily.com.cn)Updated: 2007-03-22 15:12 The benchmark Shanghai Composite Index, a major index of Chinese shares, closed up 0.45 percent at 3,071.23 points, an all-time closing high, extending a record high of 3,057.38 in the previous session. The index, which covers both yuan-denominated A-shares and foreign currency B-shares, opened higher at 3,080.60 points and hit an all-time high of 3,099.82 points but plunged to 3071.23 points when closing. Turnover on the Shanghai Stock Exchange amounted to 112.65 billion yuan (US$14.57 billion).
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