男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Money

Market hurt by rate rise rumors

By Irene Shen and Zhang Shidong (China Daily)
Updated: 2010-12-21 09:15
Large Medium Small

Benchmark index hits three-week low on borrowing cost concerns

SHANGHAI - China's stocks fell, driving the benchmark index down by the most in three weeks, on concerns the government may raise interest rates to tame inflation.

Jiangxi Copper Co and Aluminum Corp of China Ltd slid on Monday. Citic Securities Co, the nation's biggest brokerage, dropped to the lowest in a month on concern a slumping stock market will hurt earnings.

The Shanghai Composite Index slid 1.41 percent to 2852.92 at the 3 pm close, the most since Nov 30. The CSI 300 Index fell 1.46 percent to 3178.66.

Jiangxi Copper declined 0.82 percent to 40.11 yuan ($6.01), meanwhile Aluminum Corp of China retreated 1.83 percent to 10.19 yuan.

The Shanghai Composite, the worst performer among major Asian benchmarks this year, has fallen 9.7 percent since reaching an almost seven-month high on Nov 8, on concern that monetary tightening will curb economic growth. The gauge has lost 14 percent this year.

"People are still worried about further policy tightening such as interest-rate increases," said Larry Wan, Beijing-based head of investment at Union Life Asset Management Co, which oversees the equivalent of $2.21 billion. "The government hasn't increased rates yet as had been speculated by the market. It's like a sword hanging over the market."

Related readings:
Market hurt by rate rise rumors China's stocks close lower Monday
Market hurt by rate rise rumors China's stocks close lower Friday
Market hurt by rate rise rumors Inflation fears hit stocks
Market hurt by rate rise rumors Stocks fall on inflation concerns

China Construction Bank Corp paced declines for lenders, falling 1.06 percent to 4.66 yuan on Monday. Kweichow Moutai Co plunged 3.44 percent to 197.38 yuan.

China's inflation may exceed 5 percent to 6 percent in some months of next year, the People's Daily reported on Monday.

China increased interest rates in October for the first time since 2007 as inflation reached 4.4 percent on an annual basis, the highest since September 2008. Since then, the central bank has raised reserve requirements for lenders three times in five weeks. The last increase was on Dec 10.

Dongfang Electric Corp, China's third-largest power equipment maker, advanced 2.48 percent to 35.10 yuan, the highest since Nov 11. The company said it received 20.4 billion yuan of orders for thermal, wind and nuclear power generating equipment from India and China.

Fangda Carbon New Material Co climbed 5.02 percent to 13.59 yuan, a record since its listing in 2002.

Shanghai Maling Aquarius Co, a manufacturer of canned food, jumped the 10 percent daily limit to 14.32 yuan after saying it plans to buy 1.55 billion yuan of assets from its parent. Shanghai Maling will issue as many as 134.2 million shares at no lower than 11.55 yuan each to pay for the assets.

Tianjin Port Co slid 2.88 percent to 8.44 yuan after saying 579.5 million of its locked-up shares would become tradable on Dec 27.

Bloomberg News

主站蜘蛛池模板: 侯马市| 涪陵区| 尤溪县| 江西省| 铜山县| 龙门县| 延川县| 三台县| 重庆市| 曲沃县| 得荣县| 昌吉市| 安溪县| 晋城| 大新县| 屏东市| 旅游| 平山县| 灌云县| 邢台市| 湖北省| 石景山区| 宁强县| 那坡县| 本溪市| 岳普湖县| 张家港市| 甘南县| 清远市| 隆回县| 绵竹市| 滦南县| 江西省| 北京市| 宁海县| 晋中市| 保定市| 木兰县| 泾源县| 呼图壁县| 东兴市| 曲阜市| 宁德市| 绥阳县| 平安县| 怀远县| 南部县| 武胜县| 疏勒县| 呼伦贝尔市| 探索| 射阳县| 沛县| 吴旗县| 广宁县| 赣州市| 呼伦贝尔市| 全椒县| 黔西县| 兴化市| 正镶白旗| 平武县| 鄯善县| 武清区| 甘德县| 明星| 兰州市| 招远市| 于都县| 邻水| 保靖县| 苏尼特左旗| 平邑县| 本溪| 沧源| 合肥市| 皋兰县| 闽侯县| 阜阳市| 通化县| 庆云县| 天柱县|