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

Share prices surge on buying support

(Agencies) Updated: 2015-05-26 07:06

Index crosses 5,000 level for the first time in seven years

Share prices surged on the mainland bourses on Monday amid speculation the government will accelerate measures to bolster the economy and cross-border sales of mutual funds will fuel equity inflows.

The rally also saw the CSI 300 Index crossing the 5,000 mark for the first time in seven years .

China Shipbuilding Industry Co and Ningbo Port Co both soared 10 percent to lead gains for industrial companies. CITIC Securities Co and Haitong Securities Co surged after the mainland and Hong Kong approved cross-border sales of mutual funds from July 1.

The CSI 300, representing the largest stocks in Shanghai and Shenzhen, jumped 3 percent to 5,099.84. The index rallied 7.2 percent last week after the State Council announced its "Made in China 2025" plan aimed at making selective manufacturing industries more globally competitive. The CSI 300 has advanced 44 percent this year, lagging behind the 136 percent surge in the ChiNext index of small-cap shares.

"The momentum in the market continues to be really strong with no clear indications that the market is about to correct," said Gerry Alfonso, a sales trader at Shenwan Hongyuan Group Co. "It is likely that we will see the Shanghai Composite reaching the 5,000 level as well."

The Shanghai Composite climbed 3.4 percent to 4,813.80, while the ChiNext dropped 1.4 percent. Hong Kong's market was closed on Monday for a public holiday. Trading volumes in the Shanghai Composite were 23 percent higher than the 30-day average.

China outlined plans to support manufacturing in 10 major areas including information technology, robotics, aviation and aerospace equipment, rail transport, new energy vehicles, power equipment, medical equipment and agricultural machinery in the next 10 years, the Xinhua News Agency reported last week, citing a plan issued by the State Council.

A gauge of industrial shares in the CSI 300 rallied 4.7 percent, the most among the 10 groups. AVIC Aviation Engine Corp and AVIC Aircraft Co gained at least 7.6 percent after China International Capital Corp named them, along with China Shipbuilding, as companies that will benefit from the plan.

Large-cap stocks also gained after the mainland and Hong Kong approved cross-border mutual fund sales. The initial quota will be a total 600 billion yuan ($97 billion), split evenly in each direction, regulators in the mainland and Hong Kong said in a joint statement on Friday.

Cross-border sale of funds "marks further opening up of domestic capital markets and steps up mutual connectivity between both markets", Shenwan Hongyuan Group Co analyst Gui Haoming said.

"The bullish sentiment won't be easily affected by regulations including the clampdown on market manipulation," Gui said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 97午夜影院| 另类小说久久 | 日韩一级免费 | 成人在线免费观看网址 | 国产福利片在线 | www.国产一区| 日韩二区视频 | 国产精品第四页 | 国产中文字幕在线视频 | 欧美三级视频在线 | 黄色资源在线观看 | 国产欧美在线播放 | 欧美亚韩一区二区三区 | 国产极品久久 | 在线色网站 | 日本一区免费观看 | 欧美性网 | 久久久久久久久久成人 | 小明永久2015xxx免费看视频 | 什么网站可以看毛片 | 亚洲最新黄色网址 | 99精品福利视频 | a√在线视频 | 草在线视频 | 日韩第一页在线 | 精品国产999久久久免费 | 97超碰免费观看 | 色综合久久久久 | 亚洲免费在线视频 | 99re6这里只有精品 | 成年人网站在线免费观看 | 男女国产视频 | 日韩在线精品强乱中文字幕 | 手机成人在线视频 | 毛片大全免费 | 国产三级精品三级 | 亚洲视频成人 | 日韩中文字幕在线 | 狠狠干超碰 | 先锋影音男人资源站 | 九九九亚洲 |