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

US EUROPE AFRICA ASIA 中文
Business / Markets

Capital market reform catalyst for China's restructuring

(Xinhua) Updated: 2014-07-03 10:52

Capital market reform catalyst for China's restructuring

Investors at a securities brokerage in Beijing. Sectors including culture and media, aerospace, communications and electronics technology led a rally in China's stock markets on Feb 7, 2014. Feng Yongbin / China Daily

BEIJING - To Chinese investors' disappointment, the stock market remained listless in the first half of this year, offering no hint that major indices may begin to end the bearish cycle soon.

Experts say this reflects urgent need to reform the capital market to give full play to its critical role in allocating resources and accelerate the country's economic upgrading.

The benchmark Shanghai Composite Index, which tracks larger listed companies, dropped more than 3 percent in the first six months, defying the steady upward trend of the country's economy.

Angel or devil

The stock market is clearly not an angel for individual investors, as the index has been stuck in a lengthy bearish cycle since August 2009, down from 3,478 points to around 2,000 at present.

In many investors' minds, the Chinese stock market has decayed into a gambling den where companies make fortunes overnight just by being listed, not a platform for investment and corporate financing, far from what the government wants.

However, many small and medium-sized enterprises (SMEs) are eager to capitalize on the market to get financing, as bank loans are usually expensive for them, if not impossible, due to relatively high risks.

Yang Renchao, 37, who now runs a software company in South China Hainan province, knows the difficulties from first-hand experience.

Before starting his own business in 2007, Yang spent more than 10 years in Zhongguancun, the Beijing technology hub dubbed China's Silicon Valley.

He saw how difficult developing high-tech firms was, partly due to the difficulty of getting finance. "I worked for at least four companies that went bankrupt in only two to three years," he said.

Yang's Hainan Hongyuan Taisi Science and Technology Co, Ltd, is witnessing strong performance at present, prompting the entrepreneur to prepare to try to acquire finance from the country's SME equities exchange system to help expand his business.

In some senses though, the stock market has failed to meet the needs of both investors and companies in recent years.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 免费视频国产 | 国产a网站 | 99er这里只有精品 | 精品视频一二三 | 国产jjizz一区二区三区视频 | 国产88在线观看入口 | 欧美做受777cos| 西西毛片 | 91最新网站 | 国产黄色在线 | 韩国jizz| 免费在线看黄网站 | 五月天婷婷色 | 亚洲激情欧美激情 | ,一级淫片a看免费 | 亚洲综合成人网 | 国产精品1 | 日本美女一区二区 | 午夜影院私人 | 亚洲天堂一区 | 欧美黄色片免费看 | 久久久久久一区 | 亚洲精品视频免费观看 | 中文精品一区 | 青春草在线视频观看 | 美女黄页在线观看 | 国产网站91 | 狠狠干在线观看 | 日韩免费一级片 | 成人性视频免费看 | 秋霞久久久 | 亚洲影院在线 | 三级三级久久三级久久18 | 国产又粗又猛又爽又 | 免费看污污视频 | 国产精品久久久久久精 | 亚洲精品在线视频观看 | 日韩一区二区在线观看 | 免费在线观看黄色 | 欧美特黄一级 | 久久久久无码国产精品一区 |