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 / Finance

China stocks up on preferred stock trial

(Xinhua) Updated: 2014-03-21 17:15

China stocks up on preferred stock trial

Will stock market brace for more falls in 2014?

China stocks up on preferred stock trial

 Happy start to new year for China amid bad news elsewhere

BEIJING - Chinese shares rose sharply higher Friday on the announcement of regulations for a preferred stock trial by the country's securities regulator on Friday.

The China Securities Regulatory Commission (CSRC) Zhao Xiaojun said the trial is an important reform to China's capital market. The cabinet decided in late November to launch the trial and specific rules are now available.

The benchmark Shanghai Composite Index jumped up 2.72 percent, or 54.14 points, to finish at 2,047.62.

The Shenzhen Component Index rose 3.48 percent, or 243.37 points, to close at 7,241.57.

Combined turnover on the two bourses expanded to 228.73 billion yuan ($37.21 billion) from 209.15 billion yuan the previous trading day.

Qin Xiaobin of China Galaxy Securities said the preferred stock pilot was a major driving force in Friday's strong rally. Preferred stocks are senior to common stock in terms of dividend payment and assets, and the trial could boost direct financing, cater to diversified needs of investors and facilitate the mergers and acquisitions among enterprises.

"The market was boosted by government measures recently despite concern of a slowdown. Those measures include the urbanization plan and approval for construction of five railways by the National Development and Reform Commission," Qin said.

China's cabinet expects economic growth within a "reasonable range" and wants measures in place as soon as possible to expand the domestic market and stabilize growth.

Banks rose across the board with the Industrial and Commercial Bank of China, the nation's largest State-owned lender, rising 1.83 percent to 3.34 yuan per share; China Construction Bank, the second largest, rose 2.38 percent to 3.87 yuan. The banking sector jumped 4.39 percent.

Real Estate sector also registered strong gains with China Vanke, China's largest property developer, surging 6.66 percent to 8.01 yuan. Brokerage firms gained 4.7 percent and the coal sector went up 4.48 percent.

Related:

CSRC grants approval for developers' refinancing

China yuan weakens to 6.1475 against USD

Singapore Exchange to introduce China A50 futures options

China's 'baby boom': cradle of financial reform?

Flawed IPO reform crippling market: Experts

SSE to speed development of blue-chip market

Domestic PE market suffering second year of decline

China stocks up on preferred stock trial China stocks up on preferred stock trial
 China's CSI300 index in biggest loss in 7 months

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 波多野结衣在线网址 | 欧美一级α片毛片免费观看 | 久草视频福利在线观看 | 久久综合亚洲一区二区三区 | 中国在线播放精品区 | 天天操天天射天天插 | 日韩婷婷 | 欧美高清色视频在线播放 | 欧洲精品久久久 | 天堂在线观看中文字幕 | 伊人青青操 | 欧美笫一页 | 欧美成人免费午夜影视 | 亚洲一区免费 | 久久99草 | 碰碰碰精品视频在线观看 | 一级做a爰片久久毛片看看 欧美日韩精品国产一区二区 | 一区视频 | 毛片24种姿势无遮无栏 | 爱爱视频在线观看 | 毛片在线观看视频 | 日韩精品区 | 99国产精品视频免费观看 | 牛和人交vide○s欧美 | 成人久久久 | 亚洲国产一区二区三区四区五区 | 亚洲人成网站看在线播放 | www.91在线| 精品国产欧美 | 最新久久免费视频 | 成人午夜网址 | 国产精品久久久久久久一区探花 | 99久久综合给久久精品 | 九九热视频免费 | 欧洲精品一区 | 欧美日韩在线看 | 成人av免费观看 | 国产在线精品香蕉综合网一区 | 免费一级大毛片a一观看不卡 | 日日碰碰| 欧美成人h版在线观看 |