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

US EUROPE AFRICA ASIA 中文
Business / Markets

Raging bull on the rampage in China's markets

(Xinhua) Updated: 2015-04-18 17:02

BEIJING - Mao Yuhui, a Beijing civil servant, did not buy the new Corolla as planned when he got lucky in Beijing's car plate lottery. An incautious man, he put all his money into the Chinese stock market.

"The stock market is so hot, maybe in two weeks I can buy a Camry instead," he said. Mao invested 90,000 yuan ($14,500) and expects to double his money. As of Thursday he was 20,000 yuan to the good.

Mao is one of millions of Chinese investors clinging to a rocketing market. All this week, the Shanghai Composite Index has set new high after new high. From April 7 and April 10, more than 1.68 million new accounts were opened in the A-share market. On April 12, a ban on multiple accounts was lifted, so each investor can now have up to 20 accounts.

The number of investors exceeded the capacity of the market data system. China Securities Depository and Clearing Corp Ltd reported delays in processing digital certificates on Tuesday, and many new investors, desperate to join the feeding frenzy, failed to have their accounts approved.

Chinese stock market started rising rapidly in 2014 when it grew by 50 percent -- the fastest growth in Asia. This year has been no different with Shanghai climbing by over 25 percent so far and Shenzhen by about half as much.

The madness comes as quite a surprise, and a worry. China's GDP growth in the first quarter was a mere 7 percent, down from 7.3 percent in last year's fourth quarater. A stock market rising so precipitously against such an economic background should set alarm bells ringing. There is much talk of bubbles and risk.

Xiao Gang, chairman of the China Securities Regulatory Commission, warned on Thursday that new investors who lack experience of market turbulence should stay calm, and fully evaluate the risks of investment. "Don't follow blindly like sheep," he advised.

Stock market veteran Zhao Shucheng has bitter memories, shared by many investors, of 2007 and 2008 when the Shanghai Composite Index crashed from 6120 to 1665. Zhao lost about 200,000 yuan.

"We had a joke about the stock market at that time: you drive in with a Mercedes-Benz and walk out with nothing," Zhao said as he watched a screen in a stock trading hall in Beijing's Xicheng district. Unlike Mao Yuhui, he only invests one third of his money and is ready to sell at any time.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 五月天婷婷网亚洲综合在线 | 国产亚洲高清在线精品不卡 | 日韩中文字幕视频在线 | 成人在线播放av | 成人免费高清视频网址 | 青青青亚洲精品国产 | 手机看片福利日韩欧美看片 | 亚洲an天堂an在线观看 | 国产免费网站看v片元遮挡 国产免费自拍 | 久久精品国产主播一区二区 | 亚洲国产精品婷婷久久 | 国产精品99在线观看 | 看片日韩 | 成人网久久 | 日韩不卡一区二区三区 | 亚洲精品久久九九精品 | 欧美日韩中文国产一区二区三区 | 国产精品麻豆久久99 | 国产成人久久综合二区 | 最黄毛片 | 性色影院 | 久久国产精品最新一区 | 最近更新中文字幕3 | 欧美一级一级做性视频 | 最近手机中文在线视频 | 国产高清一区二区三区四区 | 善良的翁熄日本在线观看 | 国产在线短视频 | 91手机视频在线 | 91久久精品国产91久久性色也 | 中文字幕欧美视频 | 东北普通话清晰对白 | 精品一区二区三区在线视频观看 | 草草免费观看视频在线 | 亚洲一区二区三区高清不卡 | 91精品全国免费观看老司机 | 亚洲福利片 | 99热在线免费观看 | 九九精品99久久久香蕉 | 国产一级特黄高清免费大片 | 久久国产乱子伦精品免费强 |