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

chinadaily.com.cn
left corner left corner
China Daily Website

Market unlikely to be affected

Updated: 2013-04-22 02:28
By SHI JING in Shanghai ( China Daily)

The stock market is not likely to slump on Monday because of Saturday's magnitude-7 earthquake in Ya'an, Sichuan province, experts say.

"There are fewer than 10 publicly traded companies located around Ya'an. Chengdu-based agricultural company New Hope Group, for example, which has a number of projects in Sichuan, has reported some losses, but these are very limited. So far, only one company listed on the growth enterprise market has reported big losses. Luckily, most of these companies do not have their headquarters in that area," said Wang Jianhui, chief economist at Southwest Securities Co Ltd.

But the market will be slightly affected by geographical and psychological considerations, Wang said. The tourism and catering industries will be hit hard, especially during the May Day holiday, when traffic will be restricted for the sake of quake relief.

"The market is already at a historic low now. The impact on the stock market will be smaller than it was with the 2008 Wenchuan earthquake in Sichuan," said Zhang Qi, an analyst at Haitong Securities Co Ltd in Shanghai.

The Shanghai Composite Index did not react immediately to the Wenchuan earthquake on May 12, 2008. On the day after the earthquake, the index did not drop much, closing at 3,560.24 points, down by 1.84 percent. A week later, on May 20, more than 100 stocks plummeted by more than 10 percent.

Similarly, the index remained slack for a considerable period after the magnitude-7.1 earthquake in Yushu, Qinghai province, dropping from 3,166.18 points on April 14, 2010, to 2,362.95 on July 5 that year. But a property market regulation policy was introduced around that time, Zhang said, and it contributed to the decline.

He suggested that other factors than earthquakes should be considered in analyzing the market performance in China.

"Sichuan Yahua Industrial Group Co Ltd, listed on the Shenzhen Component Index, is the only public company in Ya'an. It specializes in the production of blasting equipment. Over the short term, it might be able to seek some growth because of post-quake reconstruction of the city," he said.

Cement, construction materials and other sectors related to post-quake reconstruction might see growth. But tourism, especially in Sichuan, will inevitably be affected, Zhang said.

Most companies in Ya'an are not large-scale, and industries are mainly clustered in cities such as Chengdu and Mianyang, so the earthquake will not greatly affect the province's economy, nor the country's, he added.

In an online survey conducted on Sunday by Hexun.com, a leading Chinese business website, more than half of the respondents thought the earthquake would have little long-term affect on the stock market. But 47 percent expected it would dip on the first trading day after the earthquake.

 
8.03K
 
...
主站蜘蛛池模板: 国产色爽女小说免费看 | 国产日韩精品欧美一区 | 性日韩精品 | 国产精品久久久久久久久 | 男女朋友做爽爽爽免费视频网 | 亚洲国产成人久久99精品 | 久久亚洲欧美成人精品 | 美女一丝不佳一级毛片香蕉 | 色九| 欧美日韩在线视频不卡一区二区三区 | 日韩久久影院 | 国产综合久久久久 | 国产精品特黄毛片 | 国产日产欧产精品精品推荐在线 | 欧美性高清视频免费看www | 久久精品视频1 | 国产一区二区三区精品视频 | 免费播放特黄特色毛片 | 成人免费国产欧美日韩你懂的 | 玖草资源在线 | 久久精品视频网站 | 欧美一区二区三区在线观看 | 久久久久久免费观看 | 欧美日韩精品一区二区免费看 | 亚洲一区高清 | 美女双腿打开让男人桶爽网站 | 亚洲国内自拍 | 久草视频网 | 男女男精品视频网站在线观看 | 一级一片免费播放 | 国产a精品三级 | 精品国产精品a | 日本免费一二区视频 | 亚洲第一视频在线观看 | 欧美黄色免费 | 成年女人免费看片 | 免费人成激情视频在线观看冫 | 99精品久久久久久久 | 国产一区二区在线播放 | avhd101天天看新片 | 草久免费视频 |