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 / Economy

Stock markets show signs of recovery

By Wu Yiyao (China Daily) Updated: 2015-07-01 11:03

Stock markets show signs of recovery

Chinese shares bounced back from early morning losses and closed sharply higher on Tuesday following a nightmarish two weeks. [Photo/China Daily]?

After a two-week tumble, China stocks surged on Tuesday as a series of government measures bolstered investor confidence.

The CSI 300 Index, which monitors share prices of the largest companies listed in Shanghai and Shenzhen, jumped by 6.7 percent to 4,473.00 points, while the Shanghai Composite Index gained 5.6 percent to 4,277.22 points, the highest daily gain since 2009. The Chinese A-share market has fallen by about 20 percent from its peak in mid-June.

A series of measures to maintain market confidence have been introduced since Friday, including draft rules to allow pension funds to buy stocks, funds and equity-backed pension products.

That could channel more than 1.5 trillion yuan ($242 billion) into equity-backed investments, including about 15 billion yuan directly into the A-share market, Shanghai Securities News reported.

Pension funds may not be allowed to buy stocks before the end of this year, according to the draft rules, but investor confidence has been bolstered by the news, pushing up sentiments in the A-share market, researchers said.

"Although the pension funds may not help the A-share market in the short term, the draft measure, along with the recent cuts in the reserve requirement ratio and interest rates, show intentions to stabilize market incentives," a research report by Haitong Securities said.

The country's fund association said the falling prices presented valuable buying opportunities and it urged hedge fund managers to make rational investment decisions.

"Confidence is more important than gold," the Asset Management Association of China said on Tuesday. "Sunshine always follows rainy days," it added.

Brokerage firm Guotai Junan Securities said it would lower margin requirements for certain blue chips to lever-age investment values.

Leading asset managers echoed the sentiments to convince investors that the bull market was not yet over.

Managers of private equity funds also stated that they believe the market will continue to be bullish.

"From a mid-to long-term perspective, the foundations of the bull market have not been shaken. Instead, they have been consolidated amid corrections, and the market will be bullish in a more stable and lasting manner. We believe it is a rational decision and good timing for value investing," said Wang Yawei, president of Shenzhen Qianhe Capital Management.

Technology companies and brokerage stocks rallied on Tuesday, with an average rise of the sectors reaching about 8 percent

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成年人网站在线观看视频 | av美女网站 | 国产综合第一页 | 国产高清不卡 | 国产一线av | 国产成人综合自拍 | 欧美一级视频 | 狠狠久久久 | 色av中文字幕 | 黄色短视频免费看 | 一区二区三区免费看 | 天天躁夜夜躁狠狠躁 | 日韩精品视频在线免费观看 | 黄色av网站在线观看 | 国产一级在线视频 | 国产传媒自拍 | 男人视频网 | 亚洲美女一区二区三区 | 国产性xxx | 日本一区二区三区精品视频 | 国产美女久久 | 欧美日韩www| 在线a天堂 | 国产5页 | 国产成人亚洲综合a∨婷婷 青草久久久 | www.黄色国产 | 日韩av综合在线 | 在线色网| 一级大片视频 | www.亚洲免费 | 中日韩在线观看 | 九九九亚洲 | 日韩一区二区三 | 欧美日韩小视频 | 欧美高清视频一区 | 欧美一级片免费观看 | 欧美一区中文字幕 | 色小说av | 日韩福利视频导航 | 337p粉嫩大胆色噜噜噜 | 亚洲专区区免费 |