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

Raging bull on the rampage in China's markets

(Xinhua) Updated: 2015-04-18 17:02

BEIJING - Mao Yuhui, a Beijing civil servant, did not buy the new Corolla as planned when he got lucky in Beijing's car plate lottery. An incautious man, he put all his money into the Chinese stock market.

"The stock market is so hot, maybe in two weeks I can buy a Camry instead," he said. Mao invested 90,000 yuan ($14,500) and expects to double his money. As of Thursday he was 20,000 yuan to the good.

Mao is one of millions of Chinese investors clinging to a rocketing market. All this week, the Shanghai Composite Index has set new high after new high. From April 7 and April 10, more than 1.68 million new accounts were opened in the A-share market. On April 12, a ban on multiple accounts was lifted, so each investor can now have up to 20 accounts.

The number of investors exceeded the capacity of the market data system. China Securities Depository and Clearing Corp Ltd reported delays in processing digital certificates on Tuesday, and many new investors, desperate to join the feeding frenzy, failed to have their accounts approved.

Chinese stock market started rising rapidly in 2014 when it grew by 50 percent -- the fastest growth in Asia. This year has been no different with Shanghai climbing by over 25 percent so far and Shenzhen by about half as much.

The madness comes as quite a surprise, and a worry. China's GDP growth in the first quarter was a mere 7 percent, down from 7.3 percent in last year's fourth quarater. A stock market rising so precipitously against such an economic background should set alarm bells ringing. There is much talk of bubbles and risk.

Xiao Gang, chairman of the China Securities Regulatory Commission, warned on Thursday that new investors who lack experience of market turbulence should stay calm, and fully evaluate the risks of investment. "Don't follow blindly like sheep," he advised.

Stock market veteran Zhao Shucheng has bitter memories, shared by many investors, of 2007 and 2008 when the Shanghai Composite Index crashed from 6120 to 1665. Zhao lost about 200,000 yuan.

"We had a joke about the stock market at that time: you drive in with a Mercedes-Benz and walk out with nothing," Zhao said as he watched a screen in a stock trading hall in Beijing's Xicheng district. Unlike Mao Yuhui, he only invests one third of his money and is ready to sell at any time.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 噼里啪啦在线观看 | 天堂网在线播放 | www婷婷| 精品国产一区在线观看 | 男人看的网站 | 国产传媒一区 | 69精品久久| 手机av免费| 一区二区三区视频免费 | 伊人av一区 | 成人h视频 | 天天操天天干天天操天天干 | 在线中文字幕视频 | 四虎少妇做爰免费视频网站四 | 中文字幕6| 在线观看成人免费视频 | 欧美视频色 | 日韩高清二区 | 日韩免费黄色片 | 亚洲综合涩 | 亚洲一区二区中文 | a天堂在线观看视频 | 日韩黄色在线视频 | 国产永久在线观看 | 天天人人精品 | 亚洲区免费视频 | 日韩欧美中文字幕在线视频 | 欧美aaa级| 成人黄色免费网址 | 天天躁日日躁狠狠躁av麻豆男男 | 毛片手机在线 | 国产一区自拍视频 | www.欧美激情 | 色婷婷亚洲综合 | 一本一道精品欧美中文字幕 | 亚洲精品区 | 色婷婷综合网 | 97超碰在线播放 | 男人爱看的网站 | 女人十八毛片嫩草av | 国产成人免费观看 |