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

BIZCHINA> Market Reactions
Stocks stay firm, despite banks' ratio adjustment
By Jin Jing (China Daily)
Updated: 2007-04-07 10:42

SHANGHAI: The Shanghai stock market on Friday brushed off the latest increase in banks' reserve requirement ratio announced on Thursday, with the index standing at 3323.59, up 0.13 percent from the day before.

Related readings:
Stocks stay firm, despite banks' ratio adjustmentMainland stocks climb to record
Stocks stay firm, despite banks' ratio adjustmentMarkets react calmly to ratio hike
Stocks stay firm, despite banks' ratio adjustmentMarkets react calmly to bank reserve ratio hike

The Shanghai Composite Index, the most widely-watched indicator of the mainland stock market, rose 4.45 points in Friday's trading, with 575 out of 912 companies closing higher.

Turnover on the Shanghai Stock Exchange amounted to 122 billion yuan, up 6 percent from the day before. The smaller Shenzhen Composite Index climbed 1.2 percent to close at 9268.23.

Analysts said the reserve requirement hike, which takes effect on April 16, will have a minor impact on China's stock markets, though it came a little earlier than expected.

"This is just a run-of-the-mill adjustment that investors should not spend any time worrying about," Jonathan Anderson, chief economist of United Bank of Switzerland (UBS) Asia, said in a written comment.

Stephen Green, senior economist of Standard Chartered Bank, said the reserve rate hike was within his expectations. "We have been expecting the People's Bank of China to raise the reserve ratio once every quarter this year," he said.

As expected, the share prices of all banks fell in Friday's trading. But the decline was slight. Industrial Bank Ltd, which made its debut on February 15, was down 3.3 percent to 28 yuan. The Industrial and Commercial Bank of China fell 1.8 percent to close at 5.45 yuan, while Bank of China slid 1 percent to close at 5.63 yuan.

"The drop in bank prices was nothing more than an adjustment after rising for a long time," said Zhang Yidong, an analyst at Industrial Securities.

"The reserve rate hike however has great significance because the stock market is still flushed with liquidity," he said.

Share prices of companies in the real estate sector rose the most. Financial Street Holding Co Ltd, the Beijing-based real estate developer, surged to the daily allowable limit to close at 18.48 yuan. Poly Real Estate Group Co Ltd rose 8.85 percent to close at 31.6 yuan.

Companies in the non-ferrous metals sector also fared well due to strong performance in the commodities market, analysts said.

(China Daily 04/07/2007 page10)


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 99久久精品国产一区二区三区 | 亚洲国产精品成人va在线观看 | 国产男人的天堂 | 日本亚洲一区二区三区 | 成人片在线免费看 | 色在线免费观看 | 午夜免费大片 | 亚洲色图网站 | 美日韩免费视频 | 欧美精品久久久久久 | 欧日韩在线视频 | 欧美日韩一二三区 | 亚洲色图在线播放 | 伊人网综合网 | 中文在线永久免费观看 | 在线只有精品 | 国产在线一二三 | 懂色av蜜臀av粉嫩av | 在线看黄色av | 国语精品久久 | 欧美激情免费视频 | 欧美在线小视频 | 精品资源成人 | 亚洲天天综合 | a级网站在线观看 | 国产又大又黄又粗 | 免费特级黄毛片 | 国产男女裸体做爰爽爽 | 欧美日韩精品久久久免费观看 | 免费日韩一区 | 亚洲区小说区图片区qvod | 黄色在线视频网站 | 亚洲偷| 三级在线观看视频 | 纪美影视在线观看电视版使用方法 | 中文字幕天堂在线 | 999免费视频| 日本加勒比中文字幕 | 曰本黄色大片 | 国产一级久久 | a级黄色免费视频 |