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

Stocks eke out gains amid State-backed buying

By Bloomberg (China Daily) Updated: 2016-01-06 08:35

Chinese mainland stocks rose in volatile trade as State-backed funds were said to intervene after a plunge on Monday wiped out $590 billion of market value.

The CSI 300 Index advanced 0.3 percent at the close after swinging between a gain of 1.4 percent and a loss of 2.7 percent. Trading was halted on Monday after the gauge plunged 7 percent, triggering new market circuit breakers that some analysts said exacerbated the sell-off.

State-controlled funds bought equities and the securities regulator signaled a selling ban on major investors will remain beyond this week's expiration date, according to people familiar with the matter. The China Securities Regulatory Commission also suggested it's open to tweaking the circuit breakers, while the central bank conducted the biggest reverse-repurchase operations since September.

"The government will be able to stabilize the stock market by both administrative orders and use of support funds," said Yin Ming, vice-president of Shanghai-based investment firm Baptized Capital. "The circuit breaker mechanism and concerns over share sale ban served as excuses to sell."

The Shanghai Composite Index lost 0.3 percent.

Equities slumped worldwide on Monday in the wake of the sell-off in mainland equities. Chinese stocks' influence on global markets has increased after the nation's $5 trillion equity market rout, when the Shanghai gauge tumbled more than 40 percent from mid-June through its August low, rattled investor confidence in the world's second-largest economy.

Chinese policymakers, who went to unprecedented lengths to prop up stock prices during a summer rout, are trying to prevent financial market volatility from weighing on an already-slowing economy. The nation's first economic reports of 2016 showed a series of interest rate cuts and increased fiscal stimulus have failed to boost flagging growth by the nation's manufacturers.

The central bank offered 130 billion yuan ($19.9 billion) of seven-day reverse repos on Tuesday at an interest rate of 2.25 percent. The overnight repurchase rate fell 1 basis point to 2.01 percent after climbing to its highest since April on Dec 31.

The Shanghai Composite's 10-day historical volatility was at 39.4, the highest since September.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 激情五月综合网 | 日韩高清不卡一区 | 亚洲更新最快 | 久久综合欧美 | 欧美小视频在线观看 | 亚洲欧洲免费视频 | 中文字幕一区二区三区四区欧美 | 国产成人在线免费观看 | 天天摸夜夜操 | 久久99精品久久久 | 欧美a级成人淫片免费看 | 4444在线观看 | 香蕉视频在线视频 | 久久影音先锋 | 色播激情网 | 亚洲少妇久久 | 91视频99| 小嫩嫩12欧美 | 国产精品一区二区三区四区 | 超碰人人人人人人 | 成人免费av在线 | 在线视频一区二区三区 | 欧美日韩 一区二区三区 | 最新在线黄色网址 | aaa在线免费观看 | 国产成人精品一区二 | 中文字幕亚洲欧美 | 男女啪啪软件 | 久久午夜视频 | 久久亚洲精品小早川怜子66 | 亚洲欧美激情在线 | 99久久99久久精品免费 | 欧美精品久久久久久久久老牛影院 | 国产黄色免费网站 | 国产色综合天天综合网 | 亚洲砖区区免费 | 男女草逼视频 | 亚洲a视频 | 青青草手机在线视频 | 亚洲激情四射 | 欧美hdse |