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
Stocks down another 1.71% pending voting results
By Li Zengxin (chinadaily.com.cn)
Updated: 2007-06-29 11:47

If the interest rate tax is suspended, the reverse of the after-tax rate is 1/3.06%, or 33; and if the interest rate tax is cut in half, the reverse of the after-tax rate is 1/2.754%, or 36. Both of the multipliers are smaller than 41, meaning less shares are worth of investing in because share prices higher than 33 times or 36 times are less profitable than depositing the same amount of money in banks.

But analysts believe the interest tax slash won't immediately change the money outflow, and in the meantime, if China's inflation keeps at 3 percent growth within this year, the role of the slash will be limited to stop capital inflowing to the stock market, according an analyst at Guotai Junan Securities.

"Chinese residents are able to bear risks and willing to invest money for higher returns, so the bull stock market is their first choice of course," said Huang Changzhong, a researcher with China Securities Research Co Ltd.

Analysts believe the major factor dragging the stocks down recently, was the possible issuance of a special treasury bond, rather than the interest tax slash. The national legislature debated on Wednesday a draft bill to authorize the Ministry of Finance to sell 1.55 trillion yuan of special treasure bonds to fund the country's new State investment agency.

At the same time of generating higher returns from foreign exchange reserves investment, the new bond will help drain the excessive liquidity in the home market and improve macro-economic control. Many people believed that excessive liquidity is one of the driving forces behind both the country's ongoing economic acceleration and an unprecedented stock boom.

In the meantime, the mainland and Hong Kong exchanges have started to address the price difference problem of A- and H-shares of a same company listed on both markets. The Hong Kong Hang Seng Index Service Limited (HSI Service) signed a contract yesterday with the Shanghai Stock Exchange Infonet Ltd (SSE Infonet) to compile A-share related indices with data from the Shanghai Stock Exchange.

According to a source with HSI Service, the company has finished the development of the A-share related services and products. The A plus H index and relevant products will be introduced to the public on Friday after authorization from the Shanghai Stock Exchange. However, whether HSI Service will be allowed to design derivatives like the index futures remains unknown.


(For more biz stories, please visit Industries)

   Previous page 1 2 Next Page  

主站蜘蛛池模板: 国产成人在线免费观看 | 日韩av网址大全 | 国产乱淫av麻豆国产免费 | 国产精品调教 | 日本中文字幕久久 | 日本综合视频 | 天天爱天天色 | 日韩在线视频免费 | 成人免费视频国产免费网站 | 欧美精品亚洲精品 | 欧美一级视频免费观看 | 久久国产香蕉 | 99精品视频在线 | 91免费处女 | 亚洲成av | 亚洲一区二区三区在线 | 污网站在线免费看 | 深夜福利一区二区三区 | 看av的网址 | 狠狠爱夜夜| 伊人网在线视频观看 | 日韩免费中文字幕 | 一区二区在线观看视频 | 国产91高清 | 亚洲欧美日本在线观看 | 久久伊人精品 | 99精品国自产在线 | 久久精品第一页 | 欧美xxx视频 | 一区二区三区在线观看免费 | 欧美日本激情 | 国产精品秘 | 成年人在线观看免费视频 | 久久精品在线视频 | 国产无套精品一区二区 | 午夜男人天堂 | 久久久999精品视频 日韩在线天堂 | 九九精品在线播放 | 欧美a免费 | 亚洲午夜久久久 | 亚洲成人欧美 |