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

Stocks edge down as industrial growth disappoints market

By Dai Tian (chinadaily.com.cn) Updated: 2015-09-14 16:19

Stocks edge down as industrial growth disappoints market

An investor watches an electronic board showing stock information at a brokerage office in Jiujiang, Jiangxi province,?Sept 14, 2015.[Photo/IC]

Stocks slumped on Monday, as latest statistics showed the country's economy failed to grow as expected in August.

The benchmark Shanghai Composite Index closed at 3114.80, down 2.7 percent, while the Shenzhen Component Index plunged 6.6 percent to 9,778.23.

The National Bureau of Statistics said on Sunday that industrial output, the main monthly growth measure, rose to 6.1 percent year-on-year last month, up from 6 percent in July, but short of consensus expectations of 6.5 percent.

More than 1,000 stocks sank by the daily limit of 10 percent, led by technology and Internet shares. Firms such as video-streaming giant LeTV Holdings Co, DHC Software Co, and Thunisoft Software Co tumbled by 10 percent.

Banks rose against the benchmark, as China Merchants Bank surged 7.2 percent, Minsheng Bank 5.7 percent, and Huaxia Bank 2.9 percent.

The turnover reached 681.1 billion yuan at the two markets on Monday. The outstanding balance of margin trades at the Shanghai Exchange declined for a second day to 618.9 billion yuan as of Friday, data compiled by the bourse showed.

On Friday, Premier Li Keqiang sent a message to the world at the "Summer Davos" forum in Dalian, Liaoning province, that a slower growth rate is acceptable unless there is turbulence in the job market. Measures introduced to date are sufficient to prevent an economic "hard landing".

The State Council unveiled long-awaited guidelines for the State-owned enterprises (SOEs) reform over the weekend to speed up the nation's economic transition.

The reform calls for the government to introduce more market-oriented wage and human resource system, to focus on SOEs' capital returns and to practice greater tolerance with so-called mixed ownership.

"The fundamentals underpinning a stable Chinese economy have not changed," said the Premier at the forum, adding that the government is taking necessary measures of targeted, discretionary and precision macro regulation to lay the foundation for sustainable and healthy growth in the future.

The CSI 300 index closed at 3,281.13 on Monday, down 2 percent.

Hot Topics

Editor's Picks
...
兴安县| 阳原县| 姚安县| 剑川县| 北宁市| 延庆县| 房山区| 长白| 保亭| 通江县| 长葛市| 日喀则市| 南漳县| 安塞县| 拜泉县| 正安县| 湟源县| 嘉善县| 永德县| 龙里县| 兴安盟| 福清市| 佛冈县| 高邮市| 黎川县| 双辽市| 威宁| 从化市| 瓮安县| 西乌珠穆沁旗| 樟树市| 清苑县| 石狮市| 丰都县| 太谷县| 通山县| 新昌县| 红桥区| 玛曲县| 济南市| 石景山区|