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

Make me your Homepage
left corner left corner
China Daily Website

Investors eagerly await meeting's outcome

Updated: 2013-11-13 14:26
By Gao Changxin in Shanghai ( China Daily)

Stock analysts said the paramount reform blueprint due late Tuesday will dictate the direction of the Chinese equity market on Wednesday and beyond that, after stocks rose by the most in nearly two weeks on Tuesday.

Their hopes are not too lofty, though, after an economist privy to the blueprint was quoted by local media as saying on Tuesday that "the chances of seeing big surprises will be small".

"I used to be pretty excited, but the government seems to be toning down everybody's hopes gradually as the publish date draws near," said Zhang Qi, a Shanghai-based stock analyst at Haitong Securities Co Ltd.

Tactic-wise, market strategists consulted by China Daily recommend leaving a quarter of your funds in the market, and then make up your mind for the rest after the market opens on Wednesday.

The big picture is that liquidity is still sparse in the stock market, as funds keep flowing into the red-hot property market. And a reopening of initial public offerings, which are stalled for over a year, would further strain liquidity. Unless there's a "big surprise" in the blueprint, said Zhang, the market will remain lukewarm in the near future.

On Tuesday, the benchmark Shanghai Composite Index saw a 0.8 percent increase to 2,126.77 points, the biggest gain since Oct 30. But the trading volume was still low, 34 percent below the 30-day average, after falling to a four-month low on Monday.

The shares of Kweichow Moutai Co Ltd - China's biggest liquor maker - rose 3.8 percent after it announced plans to buy property in France to expand its business portfolio. Shipbuilders also gained after local media reported that the government will make subsidies more accessible to encourage vessel replacements. In the banking sector, blue-chip Industrial and Commercial Bank of China Ltd was almost flat while Ping An Bank Co Ltd jumped almost 5 percent.

The benchmark index lost 4.55 percent in the past month but is up 8.32 percent year to date.

Top Party officials are meeting in Beijing to hammer out a blueprint that is supposed to govern the nation's essential structural reforms over the next 10 years, just as the economy regained traction after heading to its slowest growth in more than two decades.

A statement will be released after the four-day meeting ends on Wednesday. The statement is expected to spell out how and where the reforms will proceed.

Ding Zhenyu, a stock analyst at Shaanxi Jufeng Investment Co Ltd, believes that the market's rock bottom is at around 2,100 points but that there's still a slight chance that the index could dip to as low as 2,050 points.

"The blueprint will be the biggest market mover," said Ding.

 
8.03K
 
...
主站蜘蛛池模板: 欧美啊v在线观看 | 欧美大狠狠大臿蕉香蕉大视频 | 九九亚洲 | 一区二区在线欧美日韩中文 | 精品日本亚洲一区二区三区 | 亚洲精品成人一区二区www | 日韩国产中文字幕 | 性做久久久久久免费观看 | 国产三级日本三级日产三级66 | 亚洲欧美日韩色 | 18女人毛片大全 | 国产欧美一区二区成人影院 | 日韩经典在线观看 | 免费亚洲视频 | 久久精品国产免费一区 | 亚洲精品一二三四区 | 京野结衣免费一区二区 | 极品美女一级毛片 | 欧美精品午夜久久久伊人 | 日韩亚洲一区二区三区 | 精品国产欧美一区二区五十路 | 国产第一页在线观看 | 91久久| 毛片1级| 国产盗摄一区二区 | 免费观看成年人网站 | 狠狠色丁香婷婷久久综合不卡 | 久草手机在线 | 国产精品久久久久久久久99热 | 一级性片 | 亚洲专区一 | 精品免费视频 | 特级毛片全部免费播放器 | 久久精品视频网站 | www日本高清 | 欧美高清在线精品一区二区不卡 | 伊人五月天婷婷琪琪综合 | 俄罗斯a级毛片 | 欧美日韩免费一区二区三区 | 日本午夜人成免费视频 | 日韩欧美日本 |