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

Chinese shares tumble after 'unverified' SOE consolidation

(Xinhua) Updated: 2015-04-29 09:28

Chinese shares tumble after 'unverified' SOE consolidation

Investors check share prices at a brokerage in Haikou, Hainan province, April 28, 2015. [Asianewsphoto by Shi Yan] 

BEIJING - Chinese stocks suffered a sharp decline on Tuesday after authorities said rumors of mergers and acquisitions of State-owned enterprises (SOEs) were "unverified".

The benchmark Shanghai Composite Index dropped 1.13 percent to finish at 4,476.22 points, and the Shenzhen Component Index lost 0.69 percent to close at 14,707.25 points.

The ChiNext Index, the Nasdaq-style board that tracks growth enterprises, declined 2.17 percent to end at 2,687.97 points.

Shares in oil; media and entertainment; furniture; and aircraft dipped substantially.

Media reports about possible SOE consolidation went viral Monday and propelled key stock indices to fresh highs.

"The story was written without interviewing or verifying with us," the State-owned Assets Supervision and Administration Commission said in a brief statement, without elaborating.

The equity market has seen bullish performance since last October, with the benchmark Shanghai Composite Index almost doubling in the past seven months.

Xiao Gang, head of the China Securities Regulatory Commission (CSRC), attributed the skyrocketing market mainly to continuous reform measures, which, he believed, stabilized market expectation and boosted investors' confidence.

Wu Xiaoqiu, a finance professor at Renmin University of China, echoed Xiao, but he also expressed fear of rising speculation in the market, citing the substantial daily turnover on the two stock exchanges.

Combined turnover amounted to 1.7 trillion yuan ($276.9 billion) on Tuesday, up from Monday's 1.6 trillion yuan. Turnover on the Shanghai Stock Exchange topped one trillion yuan for the second time this month.

Hu Zuliu, chairman of investment firm Primavera Capital Group, said Chinese shares were partly boosted by policy incentives like monetary easing, and it was not sustainable.

For many companies, stock prices have little to do with their financial performance, but rather so-called "insider information". Some stocks rose steeply in a very short time and surpassed their true value.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 四虎免费av | 国产精品情侣 | 国产日韩欧美视频 | 黄色免费小网站 | 亚洲在线| 日韩美女视频19 | 毛片网站在线播放 | 午夜精品在线播放 | 国产精品美女视频 | 欧美日韩精品 | 欧美国产一区二区 | 国产在线观看免费视频今夜 | 高h在线观看 | 久久免费影院 | 国产网红在线观看 | 小明永久2015xxx免费看视频 | 香蕉视频在线视频 | 国产成人免费 | 国产成人免费在线 | 蜜臀成人| a天堂在线 | 西西毛片 | 国产精品欧美久久久久天天影视 | 欧美一二三区在线观看 | 久久精品久久精品 | 日韩美女一区二区三区 | 最新日本中文字幕 | av免费看网站 | 涩涩网站在线观看 | 日韩欧美一区二区视频 | jizz成熟丰满日本少妇 | www.日本com | 快色在线 | 玖玖精品在线视频 | 超碰激情 | 性欧美ⅴideo另类hd | 激情视频久久 | 成人亚洲精品 | 色播播五月 | 国产精品高潮呻吟av | 日韩精品一区二区三区在线观看 |