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

Chinese shares open 1.25% lower on weak confidence

(Xinhua)
Updated: 2008-12-24 10:17

Chinese shares opened 1.25 percent lower on Wednesday as investor sentiment was hurt by the smaller-than-expected interest rate cuts and an overnight Wall Street loss, dealers said.

The People's Bank of China, the central bank, on Monday cut the benchmark one-year yuan lending and deposit rates by 0.27 percentage points, effective from Tuesday. The magnitude was below investors' expectations and deemed too small to buoy enough confidence.

The benchmark Shanghai Composite Index, which covers both A and B shares, edged down 1.25 percent, or 23.65 points, to 1,873.58 at the opening.

The smaller Shenzhen index was down 1.17 percent, or 81.62 points, to open at 6,871.29 points.