Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Shares dip as investors take profit
Print Edition
SHANGHAI shares edged lower yesterday as investors took profit after a four-day rally.
The Shanghai Composite Index dipped 0.59 percent to 3,139.88 points after rising to a one-and-half-month high last Friday.
Electronics and information technology shares fell, with Shanghai Laimu Electronics Co plunging by the daily limit of 10 percent to 32.95 yuan (US$4.8), as did Gigadevice Semiconductor (Beijing) inc to 79.88 yuan.
“Investors have rushed to take profits after a short-term rebound,” Fan said.
Investor sentiment also dimmed after the government approved initial public offerings at the weekend, which “contradicted its previous proposal to limit” the approval pace, said Fan Bo, analyst at AVIC Securities.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
