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(yǔ)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: 欧美成人免费videos | 黄色片视频在线免费观看 | 中国一级毛片国产高清 | 91福利国产在线观看香蕉 | 久久免费视频在线观看30 | 日本特级黄色录像 | 日本一级淫片a 免费播放口 | 尹人香蕉久久99天天拍欧美p7 | 小明看看成人免费 | 免费a级毛片无码 | 亚洲日韩精品欧美一区二区一 | 婷婷伊人网 | 福利片成人午夜在线 | 精品视频在线看 | 国内自拍网址 | 国产玖玖在线观看 | 亚洲精品福利视频 | 欧美成人免费午夜全 | 娇喘呻吟福利视频在线观看 | 国产v欧美v日韩在线观看 | 色天天天综合色天天碰 | 免费亚洲成人 | 免费中文字幕视频 | 九九久久国产精品免费热6 九九天天影视 | 国产三级精品三级在线观看 | 一级特黄性色生活片一区二区 | 狠狠色丁香九九婷婷综合五月 | 欧美久久xxxxxx影院 | 亚洲一区二区三区首页 | 国产tv在线 | 一级毛片免费毛片一级毛片免费 | 国产 欧美 日产中文 | 一级片免费网址 | 欧美一级做a爰片久毛片潮 欧美一级做a爰片免费 | 中文无线乱码二三四区 | 欧美三级黄色 | 亚洲乱淫| 日韩一区三区 | 欧美综合图区亚欧综合图区 | 国产精品jizz观看 | 一级网站在线观看 |