久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Chinese shares tumble after 'unverified' SOE consolidation

(Xinhua) Updated: 2015-04-29 09:28

Chinese shares tumble after 'unverified' SOE consolidation

Investors check share prices at a brokerage in Haikou, Hainan province, April 28, 2015. [Asianewsphoto by Shi Yan] 

BEIJING - Chinese stocks suffered a sharp decline on Tuesday after authorities said rumors of mergers and acquisitions of State-owned enterprises (SOEs) were "unverified".

The benchmark Shanghai Composite Index dropped 1.13 percent to finish at 4,476.22 points, and the Shenzhen Component Index lost 0.69 percent to close at 14,707.25 points.

The ChiNext Index, the Nasdaq-style board that tracks growth enterprises, declined 2.17 percent to end at 2,687.97 points.

Shares in oil; media and entertainment; furniture; and aircraft dipped substantially.

Media reports about possible SOE consolidation went viral Monday and propelled key stock indices to fresh highs.

"The story was written without interviewing or verifying with us," the State-owned Assets Supervision and Administration Commission said in a brief statement, without elaborating.

The equity market has seen bullish performance since last October, with the benchmark Shanghai Composite Index almost doubling in the past seven months.

Xiao Gang, head of the China Securities Regulatory Commission (CSRC), attributed the skyrocketing market mainly to continuous reform measures, which, he believed, stabilized market expectation and boosted investors' confidence.

Wu Xiaoqiu, a finance professor at Renmin University of China, echoed Xiao, but he also expressed fear of rising speculation in the market, citing the substantial daily turnover on the two stock exchanges.

Combined turnover amounted to 1.7 trillion yuan ($276.9 billion) on Tuesday, up from Monday's 1.6 trillion yuan. Turnover on the Shanghai Stock Exchange topped one trillion yuan for the second time this month.

Hu Zuliu, chairman of investment firm Primavera Capital Group, said Chinese shares were partly boosted by policy incentives like monetary easing, and it was not sustainable.

For many companies, stock prices have little to do with their financial performance, but rather so-called "insider information". Some stocks rose steeply in a very short time and surpassed their true value.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: www亚洲成人 | 亚洲字幕 | 国产欧美日韩一区二区三区在线 | 精品国产三级在线观看 | 亚洲欧美精品 | 波少野结衣在线播放 | 美女黄色在线看 | 亚洲欧美成人影院 | 性视频福利在线看 | 在线观看视频一区二区三区 | 偷偷操不一样的久久 | 中文国产成人精品久久水 | 国产精品亚洲欧美日韩一区在线 | 黄色成人毛片 | 一级毛片中国 | 亚洲欧美一区二区三区国产精品 | 2019偷偷狠狠的日日 | 91.久久| 久久网免费 | 91欧美一区二区三区综合在线 | 欧美性精品 | 欧美亚洲国产激情一区二区 | 三级特黄视频 | 欧美精品一二区 | 美女操穴视频 | 午夜欧美性欧美 | 99这里只有精品视频 | 日韩最新中文字幕 | 欧美曰韩一区二区三区 | 国产一级特黄特色aa毛片 | 国产精品成人aaaaa网站 | 国产成人精品magnet | 亚洲99在线的 | 2022国内精品免费福利视频 | 亚洲精品亚洲一区二区 | 亚洲成a人片在线观看 欧美 | 国产成人一区二区三中文 | 欧美成人性色区 | 免看一级一片一在线看 | 亚洲国产字幕 | 欧美亚洲中日韩中文字幕在线 |