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

   

CHINA / National

Share mania continues as stocks reach new high
(China Daily)
Updated: 2006-05-13 06:46

Chinese stocks continued their spectacular rise on Friday, with the main Shanghai index surging to a two-year high on institutional buying of large-capitalized shares.

A stock investor looks at an electronic board showing stock information at a stock trading company in Shanghai, May 12, 2006. The benchmark Shanghai composite index closed at 1602 points, its highest level in almost two years. [Newsphoto]
A Chinese stock investor looks at an electronic board showing stock information at a stock trading company in Shanghai, May 12, 2006. The benchmark Shanghai composite index closed at 1602 points Friday, its highest level in two years. [Newsphoto]

The benchmark Shanghai Composite Index gained 4.3 per cent to end at 1,602.83, the highest closing level since May 12, 2004, when it settled at 1,603.77.

It was also the index's biggest one-day gain in nearly a year. The Shanghai index has risen 11.3 per cent this week.

The Shenzhen Composite Index rose 1.8 per cent to 389.75.

Shares in the energy sector saw the biggest rise at 6 per cent, and those in the automobile sector gained about 5 per cent.

China Petroleum & Chemical rose 9.5 per cent to 7.04 yuan (88 US cents), Huadian Power added 5.1 per cent to 3.09 yuan (38 US cents) and Chongqing Changan surged 5.9 per cent to 6.13 yuan (76 US cents).

However, shares in the property sector were flat as the government has promised to take steps to curb rising house price increases.

Fresh money continued to flow into the stock market on improved confidence and optimism over a resumption of share offerings after a year-long break for shareholding reforms.

"The resumption of share offerings reflects the regulator's confidence in the share reform, which has made great progress in the past year," said Kang Haoping, an analyst at United Securities.

Regulators have not yet said when initial public offerings, suspended since April 2005, will resume.

Since then, about 868 of some 1,400 companies with shares traded on the exchanges have announced plans to shift non-tradable, mostly government-held shares, into the market.

"As the market turns bullish, it is time for investors to recover from previous losses during the five-year bearish market," Cheng Weiqing, an analyst with CITIC Securities, said.

Despite Friday's rally, analysts said profit-taking pressure was mounting.

"It's difficult to say how far the market will go, but what I know is it's impossible for a market to keep rising without taking any breaks," said Simon Wang, an analyst at Xiangcai Securities.

 
 

Related Stories
 
主站蜘蛛池模板: 久久久久久成人 | 日朝毛片| 精品欧美黑人一区二区三区 | 国产肥老妇视频 | 人人插人人看 | 亚洲午夜久久久久久久久久久 | 亚洲欧洲在线播放 | 欧美狂猛xxxxx乱大交3 | 久久伊人成人网 | 自拍天堂 | a天堂中文字幕 | 超碰天堂| 婷婷四房综合激情五月 | 国产精品成人在线观看 | 免费午夜av | 久热在线视频 | 日韩香蕉网| 黄色欧美网站 | 一级裸体视频 | 一区二区高清在线 | 久久五月激情 | 亚洲午夜小视频 | 葵司一区二区 | 日韩免费观看 | 免费色网址 | 亚洲图色在线 | 你懂的国产 | 青青偷拍视频 | 日韩精品一 | 国产一区不卡 | 亚洲精品色图 | 超薄肉色丝袜足j调教99 | 亚洲男人天堂2024 | 调教驯服丰满美艳麻麻在线视频 | 欧美ww | 天堂中文资源在线 | 日韩九九九 | 极品在线 | 亚洲a在线视频 | 日韩中文一区 | 成人精品999|