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Wednesday, 01/31/2007 2:46:00 PM

Wednesday, January 31, 2007 2:46:00 PM

Post# of 20076
China's Benchmark Stock Index Tumbles 4.9 Percent, Biggest 1-Day Loss in 8 Months

"SHANGHAI, China (AP) -- That loud hiss you hear is the sound of some froth escaping from China's stock markets.

For months an equity bubble had been growing in China, led by a rush of investment after authorities instituted reforms aimed at controlling price manipulation and other abuses that had made investors shy away from Chinese shares."

http://biz.yahoo.com/ap/070131/china_markets.html?.v=11

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