The results show that all the single-factor models cannot match dynamic change of the short interest rate, and the CKLS model does the best among them.
To CONFORM to the rules of the Shanghai Stock Exchange, China Life announced on January 30th that its reported earnings in 2006 would be up by more than 50%. Its shares promptly fell 2%.
PetroChina's stunning debut on the Shanghai stock Exchange again demonstrated the force of China's bull market, which has more than doubled its benchmark stock index so far this year.