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Market Savvy | SAVVY CONFIDENTIAL / A Briefing for
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Protests Slam China's Markets

May 11, 1999|Times Staff

Violent protests against NATO in China on Monday helped pummel the Shanghai and Shenzhen markets. But other Asian markets were mostly higher.

Shanghai's B-share index--representing stocks available to foreigners--tumbled 7.3%. The index had been at record lows in March, before a recent rally.

But Hong Kong's market gained 1.3% and South Korea's rose 0.5%, continuing their 1999 rallies.

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