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

   

Stocks bounce back after plunging deep

By Li Zengxin (chinadaily.com.cn)
Updated: 2007-06-05 15:38

Special coverage:
Markets Watch  

Related readings:
 Stocks keep plunging deep in morning session
 titlStock market sees biggest single-day slump in 10 years
 Index dives 109 points, nearly losing 4,000 battleground, 06/01
 Stocks come back after 'breath-taking' plunge

B shares returned. Of the 109 B shares listed on the two exchanges, 91 rose, six ended flat and 12 closed down. Shenzhen Victor Onward Textile Industrial climbed 10.09 percent to 4.91 as the top gainer. Funds also made a U-turn after hitting the bottom.

By June 1, there had been 102,264,100 investment accounts in the domestic stock market, including 88,459,700 A-share, 2,180,800 B-share and 11,623,600 fund accounts.

Although today's coming-back may appease the "panic" selling tides in the market and investors may now take a break. But it is far from fully recovering from the loss for the past days.

The stock market capitalization has decreased 17 percent within just four trading days by yesterday since last Wednesday when the stamp tax was raised at mid night to 0.3 percent.

Total market value of the two stock exchanges was 15,793.3 billion yuan by yesterday's closing, down 1,421.6 billion yuan or 8.25 percent from last Friday.

The total market value by May 29 - the day before the tax change - was 19,023.5 billion yuan. The recent plunges in share prices have erased 3,230.2 billion yuan from the stock market. Total market value of the stock markets was 17 percent less in just four trading days.

The continuous drop also damaged investor confidence. The new A-share account opening last Friday was 227,000, the smallest amount for more than a month. Total account opening was 418,800 at the two stock exchanges, including 3,734 B-share and 188,000 fund accounts for that day, according to China Depository and Clearing Co Ltd.

In contrast, the floating capital increased 36 billion yuan to 1.016 trillion yuan in the stock market last month, compared with April. There were 5.6 million new stock accounts opened last month.

From May 8 to May 31, capital outflow from initial public offerings (IPOs) was 640 million yuan while stamp tax and commission charges drained 34 billion yuan from the market. Capital inflow was seen at 70.6 billion yuan. Net capital inflow was 35.96 billion yuan.

To expand capital outflow channels, the China Securities Regulatory Commission (CSRC) approved four new funds yesterday, according to sources close to the matter. The fund managers, Invesco Great Wall Fund Management, Yimin Asset Management, GF Fund Management and Fortune SGAM Fund Management will issue stock investment-oriented fund products soon. Invesco Great Wall's blue-chip funds will be released next week.

The IPO committee of CSRC also approved the listing of COSCO Holdings yesterday. The container shipment, port, container leasing and logistic business operator will issue no more than 1.784 billion A shares.


 12

(For more biz stories, please visit Industry Updates)



雷山县| 永春县| 什邡市| 山东省| 信阳市| 东丰县| 卢氏县| 革吉县| 永城市| 临海市| 房山区| 富蕴县| 潮州市| 长岭县| 贵阳市| 玉树县| 维西| 通州市| 克拉玛依市| 阿鲁科尔沁旗| 天等县| 额尔古纳市| 深圳市| 康马县| 光山县| 凌海市| 沙坪坝区| 安徽省| 曲靖市| 天门市| 外汇| 长葛市| 平罗县| 商都县| 松江区| 鹤峰县| 兴和县| 崇左市| 正蓝旗| 凤冈县| 高平市|