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

Equity markets continue to rally from recent low

By LI XIANG (China Daily) Updated: 2015-07-21 11:05

China's equity markets continued to recoup their losses on Monday, raising concerns that the national rescue funds may exit their positions now that the market has stabilized, once again putting pressure on stocks.

The China Securities Regulatory Commission moved swiftly to allay such concerns, referring to media reports of such predictions as "false".

"It is irresponsible to report that without verification," CSRC spokesman Zhang Xiaojun said.

Instead, Zhang added, stabilizing the market, restoring investor confidence and preventing systemic financial risks continue to be the top priorities for the regulator.

Zhu Guangyao, vice-minister of finance, said over the weekend that the government has achieved the goal of ending the panic selling.

Zhu said that the stabilization measures are appropriate and justified given the high level of market volatility. But he added that the market rout exposed a "supervision mismatch" and said that regulatory improvement is needed to weather future market turmoil.

Commercial banks in China have provided liquidity exceeding 1 trillion yuan ($160 billion) to the State-owned margin lender China Securities Finance Corp to bolster the capital positions of securities brokerages so that they can purchase stocks and mutual funds, according to media reports.

Two State-owned mutual funds have also reportedly raised a total of 80 billion yuan to invest in the stock market. The country's top 21 securities firms previously pledged to collectively invest 130 billion yuan to rescue the falling market.

"The goal of government intervention is not to influence market direction but to prevent systemic crises, since the stock market is highly intertwined with other financial markets," said Yang Chengzhang, chief economist at Shenwan Hongyuan Securities.

On Monday, the benchmark Shanghai Composite Index gained 0.88 percent to close at 3,992.11 points.

The index has rebounded by 14 percent from its recent bottom. The fall prompted the government to adopt a series of measures to prop up the market, including halting the offering of new shares and banning major shareholders of listed companies from selling shares for six months.

Some analysts said that the unprecedented government rescue efforts underlined Beijing's concerns that a weak stock market could exacerbate the country's capital outflow amid the market anticipation of the yuan's depreciation and an expected interest rate hike by the US Federal Reserve.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 深夜福利网站在线观看 | 狠狠的操 | 人人入人人 | 国产精品2018 | 色综合88| 一二三区精品 | 国产精品xxx| 啪啪五月天 | 欧美黄色a级片 | 久久久亚洲天堂 | 毛片一级片 | 国产视频二 | 久久精品国产免费 | 98视频在线 | 国产一区二区三区在线观看视频 | 久久久免费精品 | 国产不卡一二三 | www.欧美激情 | 国产成人在线免费观看 | 国产精品久久久久久久久毛片 | 日韩精品一区二区在线 | 97在线国产| 天天干天天爱天天操 | 欧美一区成人 | 五月婷婷色综合 | 国产成人在线网址 | 九九精品热| 伊人情人综合 | 福利资源在线观看 | √资源天堂中文在线 | av永久免费观看 | 成人瑟瑟 | 亚洲综合五月天 | 久久国产免费观看 | 欧美a级成人淫片免费看 | 中文字幕日产乱码中 | 久久免费少妇高潮久久精品99 | 亚洲一区二区在线观看视频 | 天海翼av在线| 日韩蜜桃视频 | 夜夜夜夜操 |