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Wednesday, 01/31/2007 5:43:27 AM

Wednesday, January 31, 2007 5:43:27 AM

Post# of 903
Chinese Stocks Tumble

China's Benchmark Stock Index Tumbles
Wednesday January 31, 5:27 am ET
By Elaine Kurtenbach, AP Business Writer
China's Benchmark Stock Index Tumbles 4.9 Percent, Biggest 1-Day Loss in 8 Months


SHANGHAI, China (AP) -- Chinese shares tumbled nearly 5 percent in their biggest one-day loss in eight months on Wednesday amid mounting worries over high stock valuations.
Analysts said the decline, led by blue chips, likely signaled a respite after weeks of continued record highs.

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