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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Approval of Shanghai zone lifts equities

By Shi Jing in Shanghai | China Daily | Updated: 2013-08-27 06:50

The shares of Shanghai Material Trading, which is closely related to the Shanghai FTZ project, have risen more than 80 percent since the project was approved. CTS has seen its price jump 60 percent.

"The free trade zone project will, of course, help increase international freight volume in Shanghai. This is a direct feel-good factor prompting the rise," said Wang Jianhui, chief economist at Southwest Securities Co Ltd.

The buying "frenzy" surrounding the concept stocks helped move market sentiment and pushed the benchmark Shanghai Composite Index up 1.9 percent to close at 2,096.74.

Volume didn't budge much, though, rising to 99.1 billion yuan from 94.5 billion yuan the previous trading day.

"Of course, the free trade zone project has helped the market's rally. But the various concept stocks don't make up a large proportion of listed stocks. Thus, the impact is limited.

"Meanwhile, some listed companies based in Shanghai, such as travel agency Shanghai Jinjiang Travel Co Ltd, saw their prices gain on Monday as a combined result of the free trade zone project and the coming three-day Mid-Autumn holiday," said Wang.

Optimism over the official Purchasing Managers' Index, set for release on Sept 1, also contributed to the rally on Monday. It is expected that the economy will pick up momentum soon, Wang said.

"Another major reason is a technical rebound led by securities companies. The Shanghai Stock Exchange has expressed willingness to further study the feasibility of the T+0 trading system, which is another feel-good factor," he added.

Under T+0 trading, stock transactions would settle the same day, improving brokers' financial position.

Stock prices of seven brokering firms were up more than 5 percent. Haitong Securities Co Ltd was up 8.1 percent to 11.35 yuan.

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
怀化市| 咸阳市| 遵义县| 宁城县| 峡江县| 宜州市| 横山县| 百色市| 平原县| 孟村| 宜阳县| 伽师县| 南昌市| 买车| 南平市| 陆丰市| 疏勒县| 开化县| 封丘县| 汉寿县| 华阴市| 平顺县| 呼玛县| 浏阳市| 荣昌县| 浦北县| 舞阳县| 灌云县| 潍坊市| 霞浦县| 舒兰市| 台安县| 琼中| 桃源县| 绥化市| 武功县| 新绛县| 福鼎市| 四会市| 万州区| 临潭县|