日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Pace of push to deleverage may slow

By Li Xiang | China Daily | Updated: 2018-02-10 13:37
Share
Share - WeChat

China may slow down the pace of financial deleveraging after its stock market suffered another sharp decline on Friday, sparking concerns that domestic regulatory tightening coupled with external uncertainties could exacerbate selling pressure in the equity market.

The benchmark Shanghai Composite Index tumbled by as much as 5.9 percent during intraday trading - the biggest single-day drop in nearly two years - before recovering some losses. The index was down by 4.05 percent at the close. The CSI300 Index, which tracks blue-chip stocks, saw an even steeper fall of 4.27 percent.

While the China market plunge could be a chain reaction to the resumption of heavy selling in the US stock market the previous day, analysts said investors' sentiment could also be weighed by a string of domestic factors including worries about the government's intensified financial tightening and deleveraging efforts, the surging valuations of large-chip stocks and the potential liquidity shortage ahead of the Chinese New Year holiday.

Steven Zhang, chief economist at Morgan Stanley Huaxin Securities, said Chinese policymakers will likely lessen the pushing of financial deleveraging to cope with external shocks and to prevent short-term financial risks amid rising volatility in the stock market.

"If the global economic recovery leads to higher-than-expected inflation and tighter-than-expected monetary policy of the central banks, Chinese policymakers will respond accordingly and will likely reconsider the pace of its financial deleveraging efforts," Zhang said.

While Friday's market slump was largely triggered by the resumed fall of the US market, Gao Ting, chief strategist at UBS Securities, said that amplified fears about the domestic financial tightening, which could squeeze market liquidity and exert pressure on economic growth, may also be driving the selling.

Gao said Chinese policymakers will maintain flexibility in monetary policy to address any external shocks, including possibly faster-than-expected rate increases by the US Federal Reserve, although the country's current economic figures do not justify any shifts in its monetary stance.

People's Bank of China, the central bank, said on Friday that it has injected temporary liquidity worth nearly 2 trillion yuan ($318 billion) to meet the cash demand before the Spring Festival holiday.

[email protected]

?

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 中文字幕久久精品 | 国产精品无码人妻系列AV | 久操不卡| 一个色综合亚洲伊人久久 | 另类视频综合 | 黄色免费一级播放片 | 黄视频在线播放 | 深夜久久 | 国产成人一区二区 | 精品免费久久久久欧美亚一区 | 欧美精品1区2区3区 国产午夜精品理论片影院 亚洲精品不卡久久久久久 三级网站免费观看 | av网站观看| 爱人同志国语免费观看全集 | 久久综合九色综合欧美狠狠 | 一级毛片免费 | 91青青国产在线观看免费 | 亚洲精品福利一区二区三区 | 国产成人a | 国产亚洲精品久久久久久久网站 | 欧美高清视频一区 | 国产午夜精品一区二区三区嫩草 | 日本一区午夜爱爱 | 免费成人高清在线视频 | 国产精品精品视频一区二区三区 | 澳门一级淫片免费视频 | 91精品一区二区三区久久久久久 | 桃色网站入口 | 亚洲香蕉在线视频 | 亚洲免费资源 | 婷婷色婷婷| 国产精品久久自在自2021 | 久热久操| 国产精品原创巨作av | 狠狠躁夜夜躁人人爽天天段 | 精品久久久中文字幕一区 | 精品久久久爽爽久久久AV | 成人影视大全 | 久久久久国产精品www | 瑟瑟网站免费网站入口 | 蜜桃官网| 亚洲欧洲日产国码在线观看 |