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

 
  | Home | News| Living in China| SMS | About us | Contact us|
   
 Language Tips > Business news
Updated: 2004-09-10 13:58
China's stocks plunge to five-year low
9月8日,上證指數(shù)早盤一舉擊穿1300點位大關(guān),全天持續(xù)下探,下午以1284.31點收盤,從而創(chuàng)出了自2001年中國股市大幅下調(diào)以來的最低點位。  

China's stocks plunge to five-year low
An investor looks at the dropping stock index in a stock exchange office in Zhengzhou, Henan Province September 9, 2004. (newsphoto)

China's shares dropped to a five-year low Thursday, as heavy selling of blue-chip stocks by some institutional investors further eroded the weak investor confidence in the stagnant market.

The benchmark Shanghai composite index , grouping A shares and hard-currency B shares, finished down 1.9 per cent at 1,284.307 points Thursday, after touching 1,281.749, the lowest since June 4, 1999.

Some of the biggest fallers were among blue-chip stocks, such as Baosteel, one of China's biggest steel maker, whose A shares fell 3.1 per cent to 5.89 yuan (US$0.711) Thursday.

Analysts said the fact that the index dropped below the psychologically important level of 1,300 points would further weigh down market sentiment that was already weak.

The 1,300-point has been generally regarded as the testing point for bourses . The market had rebounded after reaching the level several times in the past, but it did not hold on this time.

"More investors are now losing confidence in the listed companies, because many do not give returns and simply use the market to raise funds," said an official with Southern Fund Management Co.

Investor sentiment was also affected by speculation that policy-makers are unlikely to come to the rescue with a fresh policy boost.

The China Securities Regulatory Commission (CSRC) held an internal conference in Shenzhen Stock Exchange over the weekend to discuss the problems in the market and ask for views on the solution.

A CSRC official said during the conference that the commission does not intend to rescue the market with a policy boost, but put more focus on curing the existing problems, according to sources that attended the meeting.

The Shanghai composite index has plunged by more than 27 per cent since early April, hit by the authorities' macroeconomic measures to cool down the economy, including tighter the credit supply and curbing overinvestment in some overheating sectors.

Reports that predicted a possible interest rate hike in the near term also put more pressure on the market, although central bank officials said no decision would be made until August's major economic indicators are revealed.

(China Daily)

 

Vocabulary:
 

heavy selling :(拋售)

composite index: (綜合指數(shù))

weigh down: be oppressive or disheartening to(壓低)

bourse : (交易所)

 
Go to Other Sections
Story Tools
Related Stories
· Global house prices still rising
· China to open advertising market
· U.S. stocks rise; oil, gold fall
more
 
Copyright by chinadaily.com.cn. All rights reserved

版權(quán)聲明:未經(jīng)中國日報網(wǎng)站許可,任何人不得復(fù)制本欄目內(nèi)容。如需轉(zhuǎn)載請與本網(wǎng)站聯(lián)系。
None of this material may be used for any commercial or public use. Reproduction in whole or in part without permission is prohibited.
 

 

主站蜘蛛池模板: 婷婷天天 | 国产wwwwww| 人人看av| xxx毛片 | 成人黄色a | 日韩一区网站 | 国产激情网 | 欧美网站在线观看 | 欧美日批视频 | 在线免费看黄色片 | 色综合av | 久久人人爽人人 | 国产精品久久久久久久久久久免费看 | 亚洲自拍偷拍精品 | 青青操在线观看视频 | 中文字幕精品三区 | 殴美一级黄色片 | 中文字幕亚洲天堂 | 久草视频手机在线 | 婷婷综合在线观看 | 成人日韩在线观看 | 欧美激情国产精品 | 夜夜操天天 | 中文字幕一区二区在线播放 | 中文字幕一区二区视频 | 91久久精品视频 | 日日射天天操 | 国产三区视频 | 在线观看欧美一区 | 日韩精品六区 | 一区二区三区高清在线观看 | 国产日产亚洲精品 | 开心激情久久 | 亚洲午夜av | 国内毛片视频 | 在线免费观看成年人视频 | 日本大尺度吃奶做爰久久久绯色 | 国产成人精品一区二区三区四区 | 亚洲欧美日韩一区二区三区四区 | 欧美成人黄色片 | 欧美日韩精品在线视频 |