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

Top Biz News

Raw materials rally drives up stocks

(China Daily/Agencies)
Updated: 2010-02-10 10:48
Large Medium Small

SHANGHAI: China's stocks rose for the first time in four days as a rally in raw material prices and speculation January lending surged spurred gains by commodity producers and financial companies.

Jiangxi Copper Co, the nation's biggest producer of the metal, gained 2 percent and Industrial Bank Co gained 1.1 percent. Chongqing Gangjiu Co jumped 6.4 percent after the municipality was chosen by the government as one of the nation's five "key" cities. China First Heavy Industries Co dropped on the first day of trading in Shanghai, capping gains on the index.

The Shanghai Composite Index rose 0.5 percent to close at 2,948.84, paring its 2010 slump to 10 percent. Stocks have fallen this year on concern the government will raise interest rates and curb lending to cool the economy and avert asset bubbles.

The markets will be shut next week for the Lunar New Year festival. "Any big movement before the holiday isn't likely because of a lack of market participants," said Wei Wei, an analyst at West China Securities Co.

"The market will probably trade in a fluctuating pattern until the end of the week."

Hong Kong shares up

Hong Kong stocks rose for the first time in four days as property shares gained after developers including China Overseas Land & Investment Ltd reported higher sales.

Related readings:
Raw materials rally drives up stocks Equities to witness 'post-holiday rebound'
Raw materials rally drives up stocks Shanghai equities at lowest since Oct
Raw materials rally drives up stocks Chinese shares gain for first time in four days
Raw materials rally drives up stocks Hong Kong stocks close 1.22% higher

China Overseas Land, controlled by the country's construction ministry, climbed 2.4 percent. Hang Lung Properties Ltd, a Hong Kong developer which also invests in the mainland, rose 4.2 percent. Esprit Holdings jumped 5.1 percent after Goldman Sachs reiterated its "buy" rating on the retailer.

"The fundamentals, valuations, everything looks reasonably well," said Anthony Lok, Hong Kong-based head of research at BOC International Holdings Ltd, told Bloomberg Television. "Certainly you can make a case that things are much worse in a lot of other places in the world. I'd rather still be in China than, say, hold Greek sovereign bonds at this point and time."

The Hang Seng Index added 1.2 percent to close at 19790.28.

Raw materials rally drives up stocks

Raw materials rally drives up stocks

Raw materials rally drives up stocks

Raw materials rally drives up stocks

Raw materials rally drives up stocks

Raw materials rally drives up stocks

Raw materials rally drives up stocks

连云港市| 凯里市| 伊宁市| 保靖县| 广饶县| 丹棱县| 墨脱县| 米脂县| 平谷区| 鄂伦春自治旗| 中阳县| 娄烦县| 互助| 清镇市| 宁远县| 肇州县| 文水县| 宜丰县| 屏边| 阳新县| 梨树县| 修水县| 琼结县| 临漳县| 石狮市| 大名县| 吴桥县| 台山市| 哈密市| 新巴尔虎左旗| 广南县| 治多县| 九台市| 香港 | 无极县| 澎湖县| 涞源县| 新龙县| 阆中市| 沂南县| 芜湖市|