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

Money

Market hurt by rate rise rumors

By Irene Shen and Zhang Shidong (China Daily)
Updated: 2010-12-21 09:15
Large Medium Small

Benchmark index hits three-week low on borrowing cost concerns

SHANGHAI - China's stocks fell, driving the benchmark index down by the most in three weeks, on concerns the government may raise interest rates to tame inflation.

Jiangxi Copper Co and Aluminum Corp of China Ltd slid on Monday. Citic Securities Co, the nation's biggest brokerage, dropped to the lowest in a month on concern a slumping stock market will hurt earnings.

The Shanghai Composite Index slid 1.41 percent to 2852.92 at the 3 pm close, the most since Nov 30. The CSI 300 Index fell 1.46 percent to 3178.66.

Jiangxi Copper declined 0.82 percent to 40.11 yuan ($6.01), meanwhile Aluminum Corp of China retreated 1.83 percent to 10.19 yuan.

The Shanghai Composite, the worst performer among major Asian benchmarks this year, has fallen 9.7 percent since reaching an almost seven-month high on Nov 8, on concern that monetary tightening will curb economic growth. The gauge has lost 14 percent this year.

"People are still worried about further policy tightening such as interest-rate increases," said Larry Wan, Beijing-based head of investment at Union Life Asset Management Co, which oversees the equivalent of $2.21 billion. "The government hasn't increased rates yet as had been speculated by the market. It's like a sword hanging over the market."

Related readings:
Market hurt by rate rise rumors China's stocks close lower Monday
Market hurt by rate rise rumors China's stocks close lower Friday
Market hurt by rate rise rumors Inflation fears hit stocks
Market hurt by rate rise rumors Stocks fall on inflation concerns

China Construction Bank Corp paced declines for lenders, falling 1.06 percent to 4.66 yuan on Monday. Kweichow Moutai Co plunged 3.44 percent to 197.38 yuan.

China's inflation may exceed 5 percent to 6 percent in some months of next year, the People's Daily reported on Monday.

China increased interest rates in October for the first time since 2007 as inflation reached 4.4 percent on an annual basis, the highest since September 2008. Since then, the central bank has raised reserve requirements for lenders three times in five weeks. The last increase was on Dec 10.

Dongfang Electric Corp, China's third-largest power equipment maker, advanced 2.48 percent to 35.10 yuan, the highest since Nov 11. The company said it received 20.4 billion yuan of orders for thermal, wind and nuclear power generating equipment from India and China.

Fangda Carbon New Material Co climbed 5.02 percent to 13.59 yuan, a record since its listing in 2002.

Shanghai Maling Aquarius Co, a manufacturer of canned food, jumped the 10 percent daily limit to 14.32 yuan after saying it plans to buy 1.55 billion yuan of assets from its parent. Shanghai Maling will issue as many as 134.2 million shares at no lower than 11.55 yuan each to pay for the assets.

Tianjin Port Co slid 2.88 percent to 8.44 yuan after saying 579.5 million of its locked-up shares would become tradable on Dec 27.

Bloomberg News

主站蜘蛛池模板: 亚洲黄色精品 | 久久夜视频 | 手机天堂av| 色爱综合| 欧美性猛交bbbbb精品 | 国产香蕉av | 中文字幕影院 | 日韩欧美日本 | 国产三级一区二区 | 自拍毛片| 国产毛片一级 | 成人精品一区二区三区中文字幕 | 久久不雅视频 | 一级免费黄色大片 | 欧美性猛交xxxx黑人交 | 久久九色 | 黄色在线观看网址 | 欧美专区视频 | 午夜男人网站 | 亚洲一区在线免费观看 | 国产精品美女网站 | 亚洲视频免费观看 | 国产天堂久久 | 国产h视频在线观看 | 看毛片视频 | 亚洲美女爱爱 | 亚洲手机在线观看 | 国产精品久久免费 | wwww在线观看 | 成年人的免费视频 | 高清日韩| 久久不雅视频 | 色视频一区 | 国产黄色av网站 | 一级特黄aaa大片 | 亚洲毛片在线观看 | 黄色片网站在线观看 | 亚洲一区二区三区免费 | 久久免费在线观看视频 | 一本一道精品欧美中文字幕 | 99这里只有精品视频 |