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

BIZCHINA> Market Reactions
Stocks stay firm, despite banks' ratio adjustment
By Jin Jing (China Daily)
Updated: 2007-04-07 10:42

SHANGHAI: The Shanghai stock market on Friday brushed off the latest increase in banks' reserve requirement ratio announced on Thursday, with the index standing at 3323.59, up 0.13 percent from the day before.

Related readings:
Stocks stay firm, despite banks' ratio adjustmentMainland stocks climb to record
Stocks stay firm, despite banks' ratio adjustmentMarkets react calmly to ratio hike
Stocks stay firm, despite banks' ratio adjustmentMarkets react calmly to bank reserve ratio hike

The Shanghai Composite Index, the most widely-watched indicator of the mainland stock market, rose 4.45 points in Friday's trading, with 575 out of 912 companies closing higher.

Turnover on the Shanghai Stock Exchange amounted to 122 billion yuan, up 6 percent from the day before. The smaller Shenzhen Composite Index climbed 1.2 percent to close at 9268.23.

Analysts said the reserve requirement hike, which takes effect on April 16, will have a minor impact on China's stock markets, though it came a little earlier than expected.

"This is just a run-of-the-mill adjustment that investors should not spend any time worrying about," Jonathan Anderson, chief economist of United Bank of Switzerland (UBS) Asia, said in a written comment.

Stephen Green, senior economist of Standard Chartered Bank, said the reserve rate hike was within his expectations. "We have been expecting the People's Bank of China to raise the reserve ratio once every quarter this year," he said.

As expected, the share prices of all banks fell in Friday's trading. But the decline was slight. Industrial Bank Ltd, which made its debut on February 15, was down 3.3 percent to 28 yuan. The Industrial and Commercial Bank of China fell 1.8 percent to close at 5.45 yuan, while Bank of China slid 1 percent to close at 5.63 yuan.

"The drop in bank prices was nothing more than an adjustment after rising for a long time," said Zhang Yidong, an analyst at Industrial Securities.

"The reserve rate hike however has great significance because the stock market is still flushed with liquidity," he said.

Share prices of companies in the real estate sector rose the most. Financial Street Holding Co Ltd, the Beijing-based real estate developer, surged to the daily allowable limit to close at 18.48 yuan. Poly Real Estate Group Co Ltd rose 8.85 percent to close at 31.6 yuan.

Companies in the non-ferrous metals sector also fared well due to strong performance in the commodities market, analysts said.

(China Daily 04/07/2007 page10)


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 国产91小视频 | 黑丝av在线 | 日韩免费一级 | 久久久久久久99 | 久久亚洲网 | 日日夜夜狠狠爱 | www日韩| 麻豆视频一区二区 | 亚洲视频免费观看 | 亚洲天堂中文字幕 | 亚洲美女啪啪 | 成人的天堂 | 人人色视频 | 午夜精品福利在线 | 天天色天天操天天射 | 亚洲视频在线看 | 国产精品成人在线视频 | 成人福利在线观看 | 免费成人视屏 | 日本在线www | 精品久久久久久久久久久久久久久 | 国产九九精品视频 | 人成在线视频 | 中国a一片一级一片 | 男人的天堂网页 | 国产探花一区二区 | 蜜桃av一区二区三区 | 国产精品久久在线观看 | 四虎影视在线 | 一区二区三区在线观看免费 | 日干夜干天天干 | 天天摸天天干 | 天天干天天色综合 | 91精品免费 | 欧美影院一区二区 | 波多野吉衣一区 | 丁香色综合 | 亚洲精品三区 | 97超碰人人 | 亚洲午夜精品久久久 | 伊人激情综合 |