国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

Shares down 2.1% on growth worry, policy uncertainty

(Xinhua)
Updated: 2008-09-11 14:10

Chinese stocks slid 2.14 percent before the noon trading break as investors were gripped with renewed fears over slower economic growth.

The benchmark Shanghai Composite Index lost 46.06 percent to 2,104.70, the lowest in 21 months. The index edged up 0.23 percent on Wednesday as investors welcomed the news the consumer inflation eased to a 14 month low of 4.9 percent in August.

But the slowing exports growth last month deepened worries over the economic fundamentals, said analysts.

Investors also feared the government wouldn't relax the tightening measures in the short term for wary of a rebound in inflation and before there was a sharp economic slow-down, they said.

Investor sentiment was extremely low as the key Shanghai index has plummeted 65.6 percent from its all time high on October 16.

Banks led the decline as a slow economic growth could reduce loans demand. Shanghai Pudong Development Bank plunged 5.80 percent to 16.25 yuan. Industrial and Commercial Bank of China, the nation's largest lender, retreated 2.88 percent to 4.38 yuan.

PetroChina, the most heavy-weighted stock on the Shanghai Composite Index, slumped 1.99 percent to 10.86 yuan.