三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

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

Equities slump amid slow-growth estimates

By WANG YING in Shanghai | China Daily | Updated: 2013-06-14 01:55

Equities slump amid slow-growth estimates

An investor sits in a brokerage office in Jiujiang, Jiangxi province, on Thursday, as mainland stocks plunged to the year's low. The losses followed several previous days of declines. [HU GUOLIN / FOR CHINA DAILY]

Chinese shares dropped for an eighth consecutive day Thursday against a backdrop of unexpected economic weakness and concerns about possible capital flight, which have overshadowed Asian bourses for weeks.

Investor sentiment was further depressed by word of a resumption in initial public offerings, which many believe could depress market liquidity and put pressure on share prices.

The benchmark Shanghai Composite Index fell 2.83 percent, the biggest one-day fall since March 4, to 2,148.36 points, the year's low. The previous low was 2,174.12 on May 2. The Shenzhen index slipped 3.78 percent to 8,432.42.

Lackluster statistics released ahead of the Dragon Boat Festival (Monday to Wednesday) holiday showed the economy is growing more slowly than expected, said Zhang Qi, an analyst from Haitong Securities Co Ltd.

In May, industrial output expanded 9.2 percent year-on-year, down from April's 9.3 percent increase.

Exports edged up 1 percent to 1.14 trillion yuan ($185.8 billion), well below market expectations of 7.3 percent growth, while imports contracted 0.3 percent to 1.01 trillion yuan, missing market expectations of 6 percent growth.

The consumer price index, a main gauge of inflation, rose 2.1 percent year-on-year in May, slowing from 2.4 percent in April, and the producer price index, which measures inflation at the wholesale level, fell 2.9 percent year-on-year in May, both pointing to a sluggish end-user market.

The World Bank has cut its economic growth forecast for China to 7.7 percent in 2013 from an earlier projection of 8.4 percent, suggesting Chinese policymakers are looking to rebalance the nation's growth model.

The United States Federal Reserve Board is likely to gradually scale down and finally phase out the quantitative easing program as the US economy picks up, which means there will be much less "hot money" circulating in the stock market, said Wang Jianhui, chief economist with Southwest Securities Co Ltd.

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
 
主站蜘蛛池模板: 国产三级精品三级国产 | 欧美影视一区二区三区 | 伊人久久中文字幕 | 亚洲精品欧美精品一区二区 | 高清国产美女一级a毛片录 高清国产美女在线观看 | 在线欧美日韩国产 | 亚洲欧美日本国产综合在线 | 中文字幕亚洲精品 | 精品视频在线免费看 | 交免费观看在线 | 亚洲精品色综合区 | 把女人弄爽特黄aa大片视频 | 国产1024精品视频专区免费 | 一级黄色免费毛片 | 国产精品区一区二区三 | 美女国产精品福利视频 | 最新的国产成人精品2022 | 青青草国产免费久久久91 | 国产精品免费看久久久 | 免费看片网址 | 91你懂得| 亚洲欧美日韩网站 | 黄毛片免费 | 亚洲综合亚洲 | 国产精品视频第一区二区 | 九九51精品国产免费看 | 91成人免费观看网站 | 国产高清在线观看麻豆 | 亚洲+国产+图片 | 亚洲xx站| 国产精品毛片天天看片 | 中文字幕一区视频 | 成人毛片免费观看视频 | 亚洲国产中文字幕 | 国产免费91| 国产一区二区三区在线视频 | 在线亚洲欧国产精品专区 | 一区二区三区 日韩 | 一级做性色a爱片久久片 | 看一级特黄a大片日本片黑人 | 久久亚洲国产成人影院 |