www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Index dives deep, nearly losing 4,000-point battleground

By Li Zengxin (chinadaily.com.cn)
Updated: 2007-06-01 16:15

Regarding the recent turbulences seen in the stock market, vice governor of the People's Bank of China Wu Xiaoling said in Brussels that if the market fails to maintain stability, investor confidence of Chinese people will be severely damaged, which might adversely affect the consumer demand. Her comments reflected the concerns by the central government over the excessive volatility problem.

Analysts attribute the volatile performances of the market to the excessive liquidity, or the discrepancy between capital inflow and outflow.

From the outflow aspect, the number and fund-raising volume of initial public offerings (IPOs) in May, both hit record low. There were three IPOs, which raised 986 million yuan. Anhui Annada Titanium Industry, listed on May 30 raised 162 million yuan, the smallest IPO fund-raising record so far this year.

In comparison, there were nine IPOs, raising 18.859 billion yuan in January, 11 companies raising 42.661 billion yuan in February, five got 2.108 billion yuan in March and 14 with 55.1 billion yuan in April.

In addition, Chinese banks have used only 6 percent of their quotas for overseas investment. The 22 banks with qualified domestic institutional investors status have invested US$800 million to US$900 million to date, leaving the rest of the US$14.8 billion quotas untouched.

But the regulators have already stepped up effects to divert some of the capital to flow to other investment channels rather than investing in the domestic stock market. As the latest move, the China Insurance Regulatory Commission will allow insurers to invest in overseas equity market, according to an official from the insurance watchdog yesterday.

On the other side of the story, the State Administration of Foreign Exchanges is currently amending the forex rules, according to the 2006 financial market report by the central bank.

The new measures include a lifting of the single qualified foreign institutional investor (QFII) quota, shortening of the lock-up period, adjustment of account management system to allow multiple accounts for different types of funds by each QFII, and new preferential treatments to A-share open-end funds.

Currently the upper limit for a single QFII quota is set at US$800 million. Of the existing QFIIs, UBS has already used up the amount. Also in this month, the forex regulators have raised the total QFII quota from US$10 billion to US$30 billion.


 12

(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 一级毛片免费在线 | 欧美多人三级级视频播放 | 亚洲精品久久玖玖玖玖 | 欧美一区二区二区 | 久久精品一品道久久精品9 久久精品一区 | 国产免费久久精品99re丫y | 国产精品高清在线 | 免费一级毛片在播放视频 | 国内自拍在线视频高清 | 97人摸人人澡人人人超一碰 | 九九热久久免费视频 | 日本一区二区不卡久久入口 | 国产成人久久精品区一区二区 | 亚洲天码中文字幕第一页 | 久久精品最新免费国产成人 | 一区二区三区在线免费观看视频 | 欧美成人精品不卡视频在线观看 | 最新欧美精品一区二区三区不卡 | 日本一区二区三区四区不卡 | 日韩美视频网站 | 一本色道久久综合亚洲精品 | 一区二区三区在线观看视频 | 99www综合久久爱com | 欧美人体在线 | 91成人国产福利 | 欧美性高清bbbbbbxxxxx | 成人做爰视频www片 成人做爰视频www视频 | fc2久久 | 国产精品色综合久久 | 欧美在线日韩在线 | 亚洲精品久久久久中文字幕一区 | 久久黄色片 | 久草视频网站 | 国产一级一片免费播放刺激 | 久久国产精品无码网站 | 美女被免费视频的网站 | 男女午夜视频在线观看 | 亚洲社区在线 | 久久天天躁综合夜夜黑人鲁色 | 日韩精品一区二三区中文 | 久久亚洲精品国产精品777777 |