日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Investors want to keep the bull market rational

(Xinhua)
Updated: 2007-03-07 14:20

Beijing equity investor Li Xiaowei is still confident about the Chinese stock market despite the freaky plunge last week. He hopes that the Fifth Session of the Tenth National People's Congress (NPC) will reassure him about the solidity of the bull market.

"I think the stock market needs an overhaul if it is going to develop in a healthy way," said Li.

Chinese stocks jumped to a record high on the first trading day after the Lunar New Year break. But the next day the market witnessed its biggest single-day fall in a decade, plunging 8.8 percent.

The volatility of the market doesn't seem to put off most Chinese investors like Li. There was no sign in the stock or currency markets that investors were pulling large amounts of money out of the market.

Wang Yihan, a 60-year-old Shanghai native, is another shareholder who remains positive about Chinese stock. "Even at 3,000 points, I don't believe the Shanghai Composite Index has reached its peak."

"The performance of listed companies is good, and there is abundant money in the market. For investors, it's a good time to taste the fruit of the country's economic development," said Wang. Though he lost a packet last week, Wang doesn't plan to pull out of the stock market.

In the wake of government-led reforms aimed at pulling the Chinese equity market out of a long-running bear market, the country's stock markets surged 130 percent in 2006. With investors being rewarded generously, about 2.42 million new accounts were opened in Shanghai brokerage trading rooms, or 2.5 times the number for 2005.

This year, about 1.38 million A share accounts were opened in Shanghai and Shenzhen in January. Over 100,000 new accounts were opened each day on the first four trading days after the Lunar New Year.

Cao Yuanzheng, an economist with BOC International Holdings Limited, said equity division has made the market a more attractive place to independent investors. Chinese households' rising disposable income also contributed to last year's booming market.

However, some analysts are concerned about stock market fever, arguing that many Chinese shares are overvalued and the bubble could burst at any time.

Liu Jipeng, a renowned stock commentator and professor with China University of Political Science and Law, said last week's fall was an internal adjustment that had occurred without any political or government interference. "It was a risk management lesson for new investors and is good for the stock market in the long run."

Premier Wen Jiabao pledged in his work report on March 5 that China will further strengthen basic market systems, continue to reforms systems for issuing stocks and bonds to make them more responsive to market conditions, raise the quality of listed companies and strengthen market supervision.

For the government, establishing a mature, modern capital market is a key task.

Li Xiaowei didn't expect any favorable policies to emerge from the Session. "The policy environment is already very good, but I do hope the session can announce some good news that will delight the markets and make the index rise further."

"If Government administrations adopt effective measures to ward off speculation and ensure transparency and justice, then we will have a rational and prosperous bull market," Li added.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 男人网站在线 | 黄页网站在线观看 | 国产成人97精品免费看片 | 欧美视频色 | 国产亚洲精品久久久久久豆腐 | 免费成人高清视频 | 伊人青草| 国产中文字幕免费 | 欧美性生交 | 国产精品欧美一区二区三区 | 国产精品视频久久久久久久 | 国产精品美女久久久久av爽 | 天堂网在线播放 | 久久久成人精品 | 日本精品视频在线播放 | 亚洲一区二区三区四区av | 欧美在线色| 一级国产精品 | 国产黄色免费在线观看 | 亚洲一区二区在线看 | 亚洲黄色片在线观看 | 爱情与灵药在线 | 伊人久久视频 | 午夜视频在线观看一区 | 精品一区在线播放 | 天天干天天色综合 | 懂色av蜜桃av | 午夜国产在线观看 | 国产亚洲一区二区三区 | 精品成人一区二区三区 | 欧美日韩不卡视频 | 午夜看片 | 欧美激情自拍 | 欧美超碰在线 | 亚洲视频在线观看网站 | 日日日夜夜操 | 国产精品欧美一区二区三区 | 亚洲精品在线免费观看视频 | 国产传媒在线看 | 久久国产日韩 | 国产99对白在线播放 |