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> News
Exchange starts gold trading via local banks
(Shanghai Daily)
Updated: 2007-06-26 09:03
The Shanghai Gold Exchange will launch individual gold bullion trading nationwide in July by teaming up with Industrial Bank.

The exchange will hold a joint briefing with Industrial Bank about the service in the first part of July, said the gold bourse yesterday.

It will later launch trading through Huaxia Bank. Industrial and Commercial Bank of China is likely be the third player to join the scheme.

Under the plan, individual investors will be able to trade gold from a minimum threshold of 100 grams, which would require about 16,000 yuan (US$2,099) based on yesterday's prices on the bourse.

The main selling point is that investors can take the bullion home at cheaper prices than sold by jewelers and coin makers. For instance, investment-grade bullion commands more than a 10 percent premium in the market.

Lenders including Bank of China and China Construction Bank already offer virtual gold trading, although investors can't hold the actual bullion, instead betting on prices through a special bank account.

The Shanghai branch of ICBC started a trial program of individual gold trading in July 2005, where investors can take bullion home. The branch cut the trading threshold from 1,000 grams to 100 grams last December to boost its market appeal.

Related readings:
Exchange starts gold trading via local banks Shanghai to set up gold fund company
Exchange starts gold trading via local banks Gold Exchange is to enroll foreign banks
Exchange starts gold trading via local banks 
Gold exchange considers derivatives trading

Find more in
Markets Watch 

B y last Friday, 3,301 investors had opened gold-trading accounts at the branch. Turnover was 6,081.3 kilograms in 2006, and so far this year is 1,476.3 kilograms, the bank said.

The People's Bank of China, the central bank, gave approval for the bourse to start nationwide gold trading services at the end of 2006, the gold bourse said yesterday.

"The pace of opening the market now depends on the system compliance of lenders," said a bourse official. "Our system was ready two years ago."

The bourse said earlier this month that it will join hands with more commercial banks to trade gold for retail investors.

Chinese people have traditionally kept gold bullion on hand as a safe haven to hedge against inflation and as a symbol of fortune. The country is the world's third-biggest consumer of gold.

China deregulated its gold market in late 2002, when the Shanghai Gold Exchange officially started operation to allow gold producers, corporate users and banks to trade the yellow metal.

The exchange now trades gold, platinum and silver. Turnover on gold topped 1,249 tons last year on the bourse, up 37.81 percent from a year previously.


(For more biz stories, please visit Industries)
主站蜘蛛池模板: 在线成人毛片 | 黄色一级大片在线免费看产 | 亚洲29p| 综合国产精品 | 你懂的在线免费观看 | 男人的天堂欧美 | 欧美日韩a v | 在线观看午夜视频 | 91色多多 | 欧美日韩精选 | 草草草在线观看 | 日本一区二区精品 | 亚洲一级精品 | 日韩中文字幕在线播放 | 四虎在线免费观看视频 | 久久在线精品视频 | 91操碰| 国产美女永久免费无遮挡 | 日日夜夜拍 | 激情噜噜| 色男人的天堂 | 一区二区在线视频播放 | 国产一二区在线观看 | 韩国一区二区在线观看 | 亚洲色图都市激情 | 欧美亚一区二区三区 | 国产调教视频 | 最近2019中文字幕大全第二页 | 欧美视频一区在线观看 | 日韩免费视频一区二区视频在线观看 | 亚洲在线中文字幕 | 成人短视频在线免费观看 | 96sao| 久久久久麻豆v国产精华液好用吗 | 亚洲精品高清在线观看 | 911香蕉 | 久久成人免费视频 | 国产精品成人一区二区网站软件 | 丁香花五月激情 | a国产在线 | 欧美大白屁股 |