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

Business / Markets

Equities regain lost ground

By Xie Yu and Chen Jia (China Daily) Updated: 2015-06-02 07:19

Equities regain lost ground

Investor smiles at a securities brokerage in Huaibei city, Anhui province, June 1, 2015. [Photo/IC]

Share prices recovered on the mainland bourses on Monday after Thursday's sell-off as stable economic data and market-friendly gestures by the People's Bank of China, the central bank, bolstered investor sentiment.

The benchmark Shanghai Composite Index rose 4.71 percent to 4,828.74 points on Monday on turnover of 934.5 billion yuan ($150.7 billion).

Activity in China's factory sector edged up to a six-month high of 50.2 in May although export demand continued to shrink, according to the official Purchasing Managers Index, indicating that the policies unveiled to bolster economic growth are finally bearing fruit.

Investors' sentiment has improved steadily, as the central bank said it wants to see a "healthy" stock market and will introduce a new board for strategic emerging industries on the Shanghai Stock Exchange.

The PBOC made the statement on Friday in a report, just a day after the benchmark index tumbled 6.5 percent.

Analysts said the announcement will pacify investors who had previously anticipated that the PBOC's open market operations were a signal of the monetary easing tapering.

"The open market operation conducted by the central bank which drained capital had triggered concern about liquidity among investors," said a Guotai Junan Securities Co report.

Jing Ulrich, vice-chairwoman of Asia Pacific at JP Morgan Chase & Co, said on Monday that the bank "remained positive on the A-share market although there was a sharp correction.

"Many global stock index providers are planning to include A shares into their indices, which will encourage large capital inflows into Chinese capital market in the future," she said.

It is likely that the benchmark will return to the 2007 bullish peak of more than 6,000 points within a year or two, but with a much healthier price-earning ratio of about 20 times compared with 40 times eight years ago, she said.

Hot Topics

Editor's Picks
...
宁阳县| 铜山县| 郎溪县| 龙岩市| 抚松县| 柏乡县| 岗巴县| 阆中市| 辉县市| 翼城县| 治多县| 潼南县| 龙岩市| 桦甸市| 红河县| 鲁山县| 涿鹿县| 永福县| 鹤岗市| 六枝特区| 阳新县| 尚义县| 高要市| 藁城市| 什邡市| 昌平区| 湖南省| 台南市| 石狮市| 巴青县| 龙游县| 澄迈县| 阿勒泰市| 利辛县| 大新县| 岳普湖县| 上犹县| 潼南县| 吉木萨尔县| 阳信县| 洛隆县|