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

US EUROPE AFRICA ASIA 中文
Business / Markets

Capital market reform catalyst for China's restructuring

(Xinhua) Updated: 2014-07-03 10:52

Capital market reform catalyst for China's restructuring

Investors at a securities brokerage in Beijing. Sectors including culture and media, aerospace, communications and electronics technology led a rally in China's stock markets on Feb 7, 2014. Feng Yongbin / China Daily

BEIJING - To Chinese investors' disappointment, the stock market remained listless in the first half of this year, offering no hint that major indices may begin to end the bearish cycle soon.

Experts say this reflects urgent need to reform the capital market to give full play to its critical role in allocating resources and accelerate the country's economic upgrading.

The benchmark Shanghai Composite Index, which tracks larger listed companies, dropped more than 3 percent in the first six months, defying the steady upward trend of the country's economy.

Angel or devil

The stock market is clearly not an angel for individual investors, as the index has been stuck in a lengthy bearish cycle since August 2009, down from 3,478 points to around 2,000 at present.

In many investors' minds, the Chinese stock market has decayed into a gambling den where companies make fortunes overnight just by being listed, not a platform for investment and corporate financing, far from what the government wants.

However, many small and medium-sized enterprises (SMEs) are eager to capitalize on the market to get financing, as bank loans are usually expensive for them, if not impossible, due to relatively high risks.

Yang Renchao, 37, who now runs a software company in South China Hainan province, knows the difficulties from first-hand experience.

Before starting his own business in 2007, Yang spent more than 10 years in Zhongguancun, the Beijing technology hub dubbed China's Silicon Valley.

He saw how difficult developing high-tech firms was, partly due to the difficulty of getting finance. "I worked for at least four companies that went bankrupt in only two to three years," he said.

Yang's Hainan Hongyuan Taisi Science and Technology Co, Ltd, is witnessing strong performance at present, prompting the entrepreneur to prepare to try to acquire finance from the country's SME equities exchange system to help expand his business.

In some senses though, the stock market has failed to meet the needs of both investors and companies in recent years.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲加勒比在线 | 国产麻豆福利a v在线播放 | 欧美精品xxx | 久久久国产免费影院 | 日韩一区二区三区在线视频 | 一区二区三区国产 | 久草在线免费资源站 | 18岁禁黄色| 手机看片福利视频 | 亚洲成年男人的天堂网 | 成人免费在线播放视频 | 欧美性精品 | 亚洲成a人片在线观看中文!!! | 国产欧美一区二区三区视频 | 日韩制服诱惑 | 一级毛片中国 | 91b站 | 国产一区二区在线视频播放 | 性色a v 一区 | 成人毛片高清视频观看 | 欧洲成人免费视频 | 国产亚洲网站 | 亚洲综合网在线观看首页 | 国产精品久久久久久久午夜片 | 一级看片免费视频 | 亚洲美女网址 | 欧美日本一道高清二区三区 | 国内成人精品视频 | 日韩免费一级片 | 精品国产96亚洲一区二区三区 | 亚洲欧美一区二区三区 | 欧美肥婆videoxxx | 高清国产精品久久 | 亚洲成人一级 | 国产一级内谢a级高清毛片 国产一级片毛片 | 国产一区二区fc2ppv在线播放 | 免费一区二区三区 | 国亚洲欧美日韩精品 | 久久久久免费精品国产 | 新版天堂资源中文在线 | 国产91在线 | 亚洲 |