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

   

Stocks counter plunge to surpass 3,800 points

By Ding Qi (chinadaily.com.cn)
Updated: 2008-03-20 16:31

Investors in China experienced a roller coaster drive Thursday as most stocks rebounded sharply from dreadful morning losses and pushed the Shanghai index up over 3,800 points.

Following the overnight losses on Wall Street and European markets, the benchmark Shanghai Composite Index opened 40 points lower at 3,721.50. Heavyweight PetroChina pushed the index to fall to the day's lowest point at 3,516.33 around 10:30 am, the lowest since June 5 last year.

Strong bargain hunting forces took control for the rest of the trading day and managed to reverse the sliding trend of notably discounted stocks. The index climbed over 200 points in the afternoon and closed at 3,804.05 points, up 42 points or 1.13 percent over Wednesday's close.

Shanghai Compositie Index 
Source: Sina.com.cn
 

The Shenzhen Component Index bounced even higher by 3.87 percent to 13,548.61 by the end of trading. The CSI 300 index, covering major stocks in both markets, also gained 2.9 percent to 4,001.83.

The combined turnover of the two markets expanded to 160.6 billion (US$22.68 billion), as more than 1,300 stocks gained versus only 76 losers. In particular, some 60 stocks surged to the daily limit of 10 percent.

Most blue chips edged up. Air China led the gain with a 10-percent rise today after losing a staggering 50 percent in the past three months. Baoshan Iron & Steel also climbed 7.12 percent to 14.14 yuan as its parent company just received regulatory approval to merge two smaller steel groups in Guangdong Province.

Echoing lusterless financial results, PetroChina declined 3 percent today. The oil giant reported last night that its 2007 net profit grew a modest 2.4 percent to 145.625 billion yuan. It also forecast a weak result in refining operations for the first quarter due to a wide price gap between the crude oil and refined products. The news triggered panic selling of its shares in the morning session and dragged down the Shanghai index.

According to a notice jointly issued by the Ministry of Finance and State Administration of Taxation, mutual fund companies will get a temporary tax exemption in their stock investment income. In addition, investor gains from mutual fund dividends as well as fund managers' income from mutual fund trading are also now exempted from taxes. The preferential policies are aimed at promoting China's stock funds and will boost the weak market.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 99资源在线| 国产一区二区三区视频在线播放 | 97爱爱视频 | 狠狠干在线观看 | 亚洲 欧美 日韩在线 | 真实的国产乱ⅹxxx实拍 | 成人免费毛片入口 | 久久在线一区 | 国产精品国产精品国产专区不片 | 午夜专区 | 超碰自拍97| 国产白拍 | 日韩有码在线视频 | 午夜特片网 | 午夜视频在线观看一区 | 日韩成人高清 | 男人的天堂久久 | 成人久久久精品乱码一区二区三区 | 日韩黄页| 一区二区免费视频 | 黄a在线观看 | 国产午夜精品视频 | 日韩黄视频 | 少妇伊人 | 亚洲成人看片 | 午夜在线网站 | 亚洲美女一区 | av中文网站| 偷拍欧美亚洲 | 亚洲一区久久久 | 欧美成人免费 | 国产精品久久影院 | 色婷婷国产精品综合在线观看 | 午夜免费体验区 | av一区二区三区四区 | 国产精品一区在线免费观看 | 成人免费视频视频 | 一区二区三区精品在线观看 | 四虎影院永久在线 | www.四虎在线 | 中文字幕免费在线播放 |