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 / Economy

Stock markets show signs of recovery

By Wu Yiyao (China Daily) Updated: 2015-07-01 11:03

Stock markets show signs of recovery

Chinese shares bounced back from early morning losses and closed sharply higher on Tuesday following a nightmarish two weeks. [Photo/China Daily]?

After a two-week tumble, China stocks surged on Tuesday as a series of government measures bolstered investor confidence.

The CSI 300 Index, which monitors share prices of the largest companies listed in Shanghai and Shenzhen, jumped by 6.7 percent to 4,473.00 points, while the Shanghai Composite Index gained 5.6 percent to 4,277.22 points, the highest daily gain since 2009. The Chinese A-share market has fallen by about 20 percent from its peak in mid-June.

A series of measures to maintain market confidence have been introduced since Friday, including draft rules to allow pension funds to buy stocks, funds and equity-backed pension products.

That could channel more than 1.5 trillion yuan ($242 billion) into equity-backed investments, including about 15 billion yuan directly into the A-share market, Shanghai Securities News reported.

Pension funds may not be allowed to buy stocks before the end of this year, according to the draft rules, but investor confidence has been bolstered by the news, pushing up sentiments in the A-share market, researchers said.

"Although the pension funds may not help the A-share market in the short term, the draft measure, along with the recent cuts in the reserve requirement ratio and interest rates, show intentions to stabilize market incentives," a research report by Haitong Securities said.

The country's fund association said the falling prices presented valuable buying opportunities and it urged hedge fund managers to make rational investment decisions.

"Confidence is more important than gold," the Asset Management Association of China said on Tuesday. "Sunshine always follows rainy days," it added.

Brokerage firm Guotai Junan Securities said it would lower margin requirements for certain blue chips to lever-age investment values.

Leading asset managers echoed the sentiments to convince investors that the bull market was not yet over.

Managers of private equity funds also stated that they believe the market will continue to be bullish.

"From a mid-to long-term perspective, the foundations of the bull market have not been shaken. Instead, they have been consolidated amid corrections, and the market will be bullish in a more stable and lasting manner. We believe it is a rational decision and good timing for value investing," said Wang Yawei, president of Shenzhen Qianhe Capital Management.

Technology companies and brokerage stocks rallied on Tuesday, with an average rise of the sectors reaching about 8 percent

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一级视频在线观看 | 91香焦国产线观看看免费 | 中文字幕在线播放视频 | 精品日韩在线视频一区二区三区 | 国产午夜免费不卡精品理论片 | 可以免费看黄的网站 | 91亚洲在线 | 国产在线观看免费人成小说 | 日本aa级片 | 精品亚洲成a人在线播放 | 成人羞羞视频国产 | 国产成人亚洲日本精品 | 欧美黄色精品 | 高清一区在线 | 久久久久久久久综合 | 久久精品视频播放 | a一级爱做片免费 | 国产精品一区二区手机在线观看 | 欧美色视频日本片免费高清 | 性感美女视频免费网站午夜 | 欧美在线二区 | www亚洲精品| 天天澡天天碰天天狠伊人五月 | 日韩三级免费看 | 国产一国产一级毛片视频在线 | 黄色美女网站免费 | a级男女性高爱潮高清试 | 国产美女动态免费视频 | 久久精品店 | 亚洲精品色综合色在线观看 | 国产99视频免费精品是看6 | 亚洲视频在线观看视频 | 久久精品视频免费播放 | 最新国产午夜精品视频不卡 | 成年女人永久免费观看片 | 日韩三级欧美 | 国产成人精品亚洲一区 | 女女同性一区二区三区四区 | 国内久久 | 国产一级真人毛爱做毛片 | 欧美激情 自拍 |