综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Markets

China shares near 7-year highs over policy easing signals

(Xinhua) Updated: 2015-03-20 15:28

China shares near 7-year highs over policy easing signals

An investor smiles in front of a screen displaying stock indices and prices of shares at a securities brokerage in Huaibei, Anhui province, March 20. [Photo / IC]

BEIJING -- Chinese shares consolidated near a seven-year high on Friday, marking a rare consecutive 8 day rally.

The benchmark Shanghai Composite Index rose 0.98 percent to finish at 3,617.32 points. The Shenzhen Component Index went up 0.93 percent to close at 12,544.45 points.

The ChiNext Index, China's Nasdaq-style board that tracks growth enterprises, gained 1.37 percent to end at a new high of 2,213.77 points.

Combined turnover on the two bourses have generally remained above 1 trillion yuan ($163 billion) during the past week, suggesting strong investment momentum.

Analysts believe that steady macro economic growth and clearer sector development priorities laid the foundation for a new round of bullish market.

Upbeat sentiment

Capital from optimistic investors poured into the stock market over the past week following China's annual parliamentary sessions, with diversified capital inflows from deposits, wealth management products and idle funds of private firms.

Stocks related to SOEs, the Internet, mass innovation and the "Made-in-China 2025" project, which were mentioned in the government work report for 2015, attracted hefty investment.

Market sentiment was boosted by remarks during the sessions.

Premier Li Keqiang said last weekend that policymakers had enough room and tools to shore up economic growth if it faltered. Central bank governor Zhou Xiaochuan said capital inflow might help ease financing difficulties for firms.

The central bank injected 500 billion yuan into commercial banks via medium-term lending facility (MLF) Wednesday, raising expectations of further interest rates or reserve requirement ratio cuts.

"We see clear intent of more infrastructure investment to boost growth by the government, and propersday, raising expectations of further interest rates or reserve requirement ratio cuts.

"We see clear intent of more infrastructure investment to boost growth by the government, and property control policies will also likely be relaxed," said Li Huiyong, chief analyst with Shenwan Hongyuan Securities.

With more supportive policies to come, we can expect a record new high of 4,000 points this year, said Xu Biao, a senior analyst with Huatai Securities.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
星座| 克什克腾旗| 漾濞| 安溪县| 高密市| 纳雍县| 晋宁县| 清丰县| 泌阳县| 旺苍县| 雷波县| 府谷县| 高雄市| 花莲县| 乌兰浩特市| 阿克陶县| 衡东县| 石景山区| 岢岚县| 南京市| 南漳县| 湘潭县| 虹口区| 光泽县| 鹤壁市| 拉孜县| 旬阳县| 泗阳县| 舟曲县| 陆河县| 南丰县| 余庆县| 吕梁市| 湛江市| 汉寿县| 忻州市| 哈尔滨市| 册亨县| 峨眉山市| 中卫市| 平罗县|