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

   

Stock market sees biggest single-day slump in 10 years

By Li Zengxin (chinadaily.com.cn)
Updated: 2007-06-04 15:26

Although the two exchanges did not implement the rule of suspending trading on shares with "abnormal price fluctuation" last week, at some 310 stocks in total, they couldn't quite stop investors from "panic" selling today.

The benchmark index has diminished 664 points in merely four trading days from the 4,334.92 by Tuesday's closing. Last week's plunge in the stock market has already shaken off 5 percent in terms of capitalization to 17.21 trillion yuan on Friday. Today's pending result is surely even more ugly.

Analysts have said the slump was temporary and that won't reverse the "bull" run in the stock market. But there is no sign of fading-off of the impacts by the hike in stamp tax, from today's big drop.

Even worse, funds on the two markets started falling, this might be a very dangerous sign, said experts. In the past, funds were usually resistant to the falling waves of the A shares, but today they also dived deep. This might trigger investor's withdrawing from funds, which holds large proportion in their portfolio in high-performing, index-driving blue chips. And if investors sell funds for refunding, a major part of the last hope to lift the index and the whole market will get dim, said analysts.

But the regulators do not want that to happen and are trying to implement more "market-oriented" measures. The China Securities Regulatory Commission (CSRC), for example, has announced that China West Mining Co Ltd will be examined and voted for an initial public offering (IPO) by the commission tomorrow.

West Mining initially planed to list in Hong Kong, but was recommended to make its IPO on the Shanghai exchange last month after it had submitted its application to the Hong Kong Stock Exchange. This implies that CSRC is trying to speed up IPO processing and bring more capital outflow outlets back to the domestic market, after the mere three IPOs in May, analysts said.

"Measures focused on demand and supply of capital could generate better results than the one-off fiscal policy change," said an analyst. But on the other said, seeing the biggest dives recently, the Ministry of Finance might be more cautious to decide to introduce the capital gains tax, he believed.

"To look at the bright side, if the rise in stamp tax, although causing enormous turbulence to the market, may eventually prevent the policy makers from issuing a too 'aggressive' measure, it is worthy then," said the analyst.


 12

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 久久精品中文字幕免费 | 成人a毛片高清视频 | 国产a免费观看 | 久草热久草在线 | 亚洲理论在线观看 | 久草久草视频 | 亚洲综色| 久久精品91 | 免费看美女毛片 | cao美女 | 国产一区二区三区影院 | 亚洲bt欧美bt国产bt | 国产一区a | 中文字幕欧美日韩一 | 国产成人精品男人的天堂网站 | 国产三级久久久精品三级 | 国产日产亚洲精品 | 成人在线免费视频 | 欧美亚洲国产激情一区二区 | 97国产精品 | 中文字幕一二区 | 伊人情人综合网 | 国产三级在线播放线 | 欧美一级俄罗斯黄毛片 | 一区二区三区久久 | 精品国产免费观看一区 | f性欧美| 免费区欧美一级毛片精品 | 韩国一级黄色大片 | 99在线视频免费 | 国产一区二区三区免费观看 | avtom影院入口永久在线观看 | 国产三级小视频在线观看 | 成人影院免费看 | 99精品国产成人一区二区 | 波多野结衣3女同在线观看 波多野结衣aⅴ在线 | 美女与男人对肌免费网站 | 欧美日本一区二区三区生 | 手机国产日韩高清免费看片 | 九九视频精品在线 | 中文字幕日本不卡 |