www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

4 percent drop puts brakes on bull market

By Chen jia and Xie Yu (China Daily) Updated: 2015-05-06 09:17

4 percent drop puts brakes on bull market

Chinese stocks slumped by more than 4 percent on Tuesday, the biggest daily drop in three months, amid speculation that the top securities regulator may take measures to control market bubbles.

The benchmark Shanghai Composite Index fell sharply to 4,298.71 points at the close, a drop of 4.06 percent.

More than 1,900 of the A-shares listed in Shanghai and Shenzhen, or 80 percent of the total, suffered declines, led by the telecommunication and property sectors.

The Growth Enterprises Market, or the ChiNext, plunged 2.8 percent. The CSI 300 Index fell 3.5 percent, while the Hang Seng Index slid 1.7 percent.

Li Daxiao, chief economist at Yingda Securities, said the recent bullish spell may have ended when the benchmark index hit a seven-year peak of 4,572.39 on April 28, as the price-earnings ratios of many listed companies, especially those in the growth enterprise market, were irrationally high. But the drop may not cause panic in the market, he added.

People's Daily published an article on Monday that warned investors that "the market is not a place to easily make money, even in the bullish trend".

Data from China Securities Depository and Clearing showed that more than 1 million new stock accounts have been opened every week since late March.

In the week beginning April 20, the number of new A-share accounts hit a historical high of 4.13 million, or 26 percent more than the previous week's total. A research note from Changjiang Securities said the country may increase the stamp tax on stock trading to boost fiscal revenues.

Meanwhile, 25 companies are scheduled to sell initial public offering shares from Tuesday through May 11. This might freeze 2.34 trillion yuan ($377 billion), as investors are required to hold IPO shares for a certain period of time.

Zhang Yidong, an analyst at Industrial Securities, said the government may "curb the bubbles when the market becomes irrationally excited on too much leverage".

"If the mad bullish market continues, in contrast to the sluggish real economy, deleverage measures may be seen in the second half of this month," said Zhang.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: аⅴ资源天堂8在线 | 精品免费久久久久国产一区 | www.操操| 欧美一级在线观看 | 一级美国片免费看 | 永久免费毛片手机版在线看 | 色综合久久加勒比高清88 | 日本在线毛片视频免费看 | 一区中文字幕 | 免费国产高清视频 | 中文一区二区在线观看 | 亚洲欧美日韩国产精品一区 | 18年大片免费在线 | 免费人成在线观看视频不卡 | 中文字幕亚洲精品第一区 | 亚洲网站视频在线观看 | 亚洲自拍在线观看 | 国产精彩视频在线观看 | 国产成人最新毛片基地 | 亚洲人成在线观看 | 黄页网址免费观看18网站 | 99久久99久久久99精品齐 | 手机看黄av免费网址 | 精品午夜寂寞黄网站在线 | 国产三级做爰在线观看视频 | 中文字幕一区二区在线视频 | 国产一级毛片外aaaa | 国产成人综合亚洲亚洲欧美 | 狠狠色丁香久久婷婷综 | 99re国产视频| 99久久综合 | 久久精品国产免费中文 | 日韩欧美一区二区久久 | 日韩天天摸天天澡天天爽视频 | 国产一区二区三区高清 | 欧美成人免费高清视频 | 114一级毛片免费观看 | 欧美高清一级啪啪毛片 | 九九夜色 | 国产一区二区三区成人久久片 | 99精品在线免费观看 |