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

As financial firms weaken, stocks lose steam

(Agencies) Updated: 2015-11-11 09:53

Prospects of reforms over the next five years limit losses even as 'new economy' shares rally on link hopes

Share prices dipped on Tuesday after financial firms weakened and failed to drive gains in the broad market, but losses were limited on prospects of economic and financial reforms.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.2 percent, to 3,833.24 points at the close, while the Shanghai Composite Index lost 0.1 percent, to 3,640.49 points.

China will deliver a slew of economic and financial reforms over the next five years and strengthen supervision of its financial system to prevent "systemic risk", central bank governor Zhou Xiaochuan said.

Shenzhen's startup board ChiNext Index rose 1.1 percent to 3,107.59 points. The CSI300 Materials Index outperformed, up 2.4 percent, while the financials index was down 0.2 percent and the banking index eased 0.1 percent.

The Shanghai Composite Index trimmed a loss of as much as 1.1 percent as brokerages and stocks reflecting the "new economy" like technology and healthcare rallied amid optimism over the start of the planned stocks link between Hong Kong and Shenzhen, home to many of China's growth companies and the best-performing stocks.

CITIC Securities Co Ltd, the nation's biggest-listed brokerage, rose 1.4 percent in Shanghai, extending a rally over the past month to 42 percent. GF Securities Co Ltd jumped 3.3 percent for a 20 percent gain this month alone.

ChiNext stocks will be included in the link even as the timing of the start is uncertain, Liu Fuzhong, vice-director of strategy and international relations at the Shenzhen Stock Exchange, said in Shanghai.

The Shenzhen-listed ChiNext Index has gained 87 percent this year, compared with a 13 percent advance for the Shanghai Composite Index. There is a "high conviction" that China will announce the timing of the link within the next two quarters, Citigroup Inc analysts led by Jason Sun wrote in a note.

Meanwhile, Chinese mainland stocks fell the most in a week in Hong Kong as slower-than-forecast inflation increased concern that demand is weakening in the world's second-biggest economy. The Hang Seng Index fell 1.4 percent to 22,401.70 points, while the China Enterprises Index lost 1.8 percent, to 10,314.74 points, dragged down by power producers and banks. China's Consumer Price Index rose 1.3 percent in October, official data on Tuesday showed, compared with the 1.5 percent median estimate in a Bloomberg survey.

"There is a bit of a pullback after the recent rally with the CPI not helping," said Gerry Alfonso, a trader at Shenwan Hongyuan Group Co in Shanghai. "The low CPI figure is an indication that domestic consumption is perhaps a bit weaker than expected and that can create concerns. Banks are under-performing as the rally in recent days was very significant and investors are cashing in."

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩欧美在线不卡 | 亚州av网 | 97精品在线 | 亚洲成人黄色 | 午夜色婷婷 | 日本成人一区二区三区 | 精品小视频 | 亚洲国产精品免费在线观看 | 久久男人的天堂 | 成年人黄网站 | 成年人在线免费看 | 国产精品二三区 | 91日韩国产| 蜜桃av噜噜一区二区三区麻豆 | 九色综合网 | 欧美性生交大片免费看 | 久久视频精品在线观看 | 欧美成人精品一区二区 | 蜜臀av中文字幕 | 三年中国中文在线观看免费播放 | 日本少妇在线观看 | 日韩操操操 | 人人看超碰 | 成长的秘密在线观看 | 欧美一卡二卡 | 丁香六月激情综合 | av第一区 | 国产色在线视频 | 在线视频天堂 | 国产最新av| 殴美一级黄色片 | 日韩欧美亚洲综合 | 麻豆精品国产免费 | 中文字幕亚洲欧美 | 不卡视频一区二区 | 久久国产一区二区 | 日韩欧美一区二区三区在线 | 可以免费看的av | 亚洲做受高潮无遮挡 | 欧美午夜不卡 | 精品久久伊人 |