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 / Finance

China stocks up on preferred stock trial

(Xinhua) Updated: 2014-03-21 17:15

China stocks up on preferred stock trial

Will stock market brace for more falls in 2014?

China stocks up on preferred stock trial

 Happy start to new year for China amid bad news elsewhere

BEIJING - Chinese shares rose sharply higher Friday on the announcement of regulations for a preferred stock trial by the country's securities regulator on Friday.

The China Securities Regulatory Commission (CSRC) Zhao Xiaojun said the trial is an important reform to China's capital market. The cabinet decided in late November to launch the trial and specific rules are now available.

The benchmark Shanghai Composite Index jumped up 2.72 percent, or 54.14 points, to finish at 2,047.62.

The Shenzhen Component Index rose 3.48 percent, or 243.37 points, to close at 7,241.57.

Combined turnover on the two bourses expanded to 228.73 billion yuan ($37.21 billion) from 209.15 billion yuan the previous trading day.

Qin Xiaobin of China Galaxy Securities said the preferred stock pilot was a major driving force in Friday's strong rally. Preferred stocks are senior to common stock in terms of dividend payment and assets, and the trial could boost direct financing, cater to diversified needs of investors and facilitate the mergers and acquisitions among enterprises.

"The market was boosted by government measures recently despite concern of a slowdown. Those measures include the urbanization plan and approval for construction of five railways by the National Development and Reform Commission," Qin said.

China's cabinet expects economic growth within a "reasonable range" and wants measures in place as soon as possible to expand the domestic market and stabilize growth.

Banks rose across the board with the Industrial and Commercial Bank of China, the nation's largest State-owned lender, rising 1.83 percent to 3.34 yuan per share; China Construction Bank, the second largest, rose 2.38 percent to 3.87 yuan. The banking sector jumped 4.39 percent.

Real Estate sector also registered strong gains with China Vanke, China's largest property developer, surging 6.66 percent to 8.01 yuan. Brokerage firms gained 4.7 percent and the coal sector went up 4.48 percent.

Related:

CSRC grants approval for developers' refinancing

China yuan weakens to 6.1475 against USD

Singapore Exchange to introduce China A50 futures options

China's 'baby boom': cradle of financial reform?

Flawed IPO reform crippling market: Experts

SSE to speed development of blue-chip market

Domestic PE market suffering second year of decline

China stocks up on preferred stock trial China stocks up on preferred stock trial
 China's CSI300 index in biggest loss in 7 months

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美视频a | 九九免费视频 | xxxwww黄色| 精品免费在线 | 黄色香蕉视频在线观看 | 中文字幕av网址 | 国产日韩欧美在线观看 | 成人片在线免费看 | 日韩一级精品 | 99精品欧美一区二区 | 中文字幕第9页 | 午夜视频在线观看免费视频 | 五月婷婷色 | 国产精品福利网站 | 国语对白做受69 | 综合av在线| 国产成人一区二区三区影院在线 | 精品中文字幕在线观看 | 91精品视频网站 | 亚洲男人天堂视频 | 在线看片中文字幕 | 欧美激情精品久久久久久蜜臀 | 四虎成人永久免费视频 | 在线免费观看毛片 | 国产综合在线播放 | 国产精品久久久久久久成人午夜 | 日本一区二区在线 | 久久国产一区二区三区 | 国产激情毛片 | 在线观看国产精品视频 | 亚洲午夜天堂 | 国产精品亚洲lv粉色 | 国产精品一区二区三区免费 | 国产一级视频在线观看 | 国产精品久久久久久久久久免费 | 91伊人久久| 日本黄a三级三级三级 | a级成人毛片 | 中文字幕一二三四 | 亚洲天堂免费 | 天天草夜夜操 |