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

Chinese shares rally in anticipation of property stimulus

(Xinhua) Updated: 2015-11-19 17:19

BEIJING -- China's stocks advanced substantially on Thursday after dipping for two consecutive days as investors expected more favorable policies to support the oversupplied property sector.

The benchmark Shanghai Composite Index rose 1.36 percent to close at 3,617.06 points, and the smaller Shenzhen index gained 2.65 percent to finish at 12,609.84 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, surged 4.12 percent to end at 2,770.75 points.

However, total turnover on the two bourses narrowed to 859.8 billion yuan ($135.4 billion) from 943.1 billion yuan the previous trading day, indicating that investors remained cautious.

More than 150 stocks rose by the 10-percent daily limit on Thursday. Furniture producers led the bullish performance with an average growth of 5.37 percent.

The rally came after Chinese leaders called for measures to reduce the inventory of unsold homes and stressed the importance of the property sector to the world's second-largest economy.

President Xi Jinping urged more efforts to address the oversupply problem, when he presided over a meeting of the Central Leading Group for Financial and Economic Affairs last week.

Earlier this month, Premier Li Keqiang told a cabinet meeting that the government should overhaul China's household registration system in a bid to encourage more rural residents to settle in cities to boost consumption of homes and electronic appliances.

"I expect the government to roll out more measures to encourage home purchases," said Yang Hongxu, deputy head of property market researcher E-house China R&D Institute.

Hot Topics

Editor's Picks
...
白水县| 梓潼县| 乳山市| 讷河市| 桂平市| 浪卡子县| 石林| 龙海市| 阜康市| 临清市| 天长市| 项城市| 南开区| 舟曲县| 兴化市| 金溪县| 安西县| 灵川县| 韶山市| 甘孜| 根河市| 吉林省| 六安市| 南靖县| 徐州市| 修水县| 长武县| 连江县| 桐梓县| 沙河市| 南岸区| 五寨县| 蒙城县| 若羌县| 黑山县| 岑溪市| 东辽县| 杂多县| 盐亭县| 准格尔旗| 松江区|