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

US EUROPE AFRICA ASIA 中文
Business / Markets

Capital market reform catalyst for China's restructuring

(Xinhua) Updated: 2014-07-03 10:52

Capital market reform catalyst for China's restructuring

Investors at a securities brokerage in Beijing. Sectors including culture and media, aerospace, communications and electronics technology led a rally in China's stock markets on Feb 7, 2014. Feng Yongbin / China Daily

BEIJING - To Chinese investors' disappointment, the stock market remained listless in the first half of this year, offering no hint that major indices may begin to end the bearish cycle soon.

Experts say this reflects urgent need to reform the capital market to give full play to its critical role in allocating resources and accelerate the country's economic upgrading.

The benchmark Shanghai Composite Index, which tracks larger listed companies, dropped more than 3 percent in the first six months, defying the steady upward trend of the country's economy.

Angel or devil

The stock market is clearly not an angel for individual investors, as the index has been stuck in a lengthy bearish cycle since August 2009, down from 3,478 points to around 2,000 at present.

In many investors' minds, the Chinese stock market has decayed into a gambling den where companies make fortunes overnight just by being listed, not a platform for investment and corporate financing, far from what the government wants.

However, many small and medium-sized enterprises (SMEs) are eager to capitalize on the market to get financing, as bank loans are usually expensive for them, if not impossible, due to relatively high risks.

Yang Renchao, 37, who now runs a software company in South China Hainan province, knows the difficulties from first-hand experience.

Before starting his own business in 2007, Yang spent more than 10 years in Zhongguancun, the Beijing technology hub dubbed China's Silicon Valley.

He saw how difficult developing high-tech firms was, partly due to the difficulty of getting finance. "I worked for at least four companies that went bankrupt in only two to three years," he said.

Yang's Hainan Hongyuan Taisi Science and Technology Co, Ltd, is witnessing strong performance at present, prompting the entrepreneur to prepare to try to acquire finance from the country's SME equities exchange system to help expand his business.

In some senses though, the stock market has failed to meet the needs of both investors and companies in recent years.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲精品乱码久久久久久9色 | 蜜桃视频一区二区三区 | 久久久国产一级片 | 国产精品视频网 | 亚洲国产品综合人成综合网站 | 青青草一区 | 婷婷综合激情五月中文字幕 | 天天综合久久 | 豆国产97在线 | 亚洲 | 天天草视频 | 九九热视频精品在线 | 日韩亚洲欧美视频 | 四虎在线免费观看视频 | 欧美久久久久久久一区二区三区 | 极品嫩模私拍后被潜在线观看 | 精品国产福利在线 | 久久精品人人做人人看最新章 | 亚洲一区二区三区四区五区中文 | 99久热re在线精品99 6热视频 | 欧美亚洲视频在线观看 | 亚洲欧洲成人 | 色色噜一噜 | 男女午夜视频 | 成人在线视频免费观看 | 久久国产精品超级碰碰热 | 国产色婷婷亚洲99精品小说 | 永久免费av | 亚洲一区中文字幕 | 国内一级特黄女人精品片 | 欧美精品国产综合久久 | a久久久久一级毛片护士免费 | 日本三日本三级香港三级 | 亚洲成人日韩 | 久久免费精品视频 | 日韩亚洲一区二区 | 日本免费不卡在线一区二区三区 | 182tv在线观看国产路线一 | 操人视频免费 | 成人免费久久精品国产片久久影院 | 日韩在线免费视频观看 | 最近免费日本视频在线 |