Related News
Stocks retreat early over pollution-measure concerns
Online Edition
SHANGHAI’S stocks fell in the morning session as investors got the jitters about possible economic decisions related to air pollution from a high-level central government meeting opening today.
The benchmark Shanghai Composite Index was down 1.14 percent by the noon break to 2211.88 points. Turnover was 53.8 billion yuan (US$8.9 billion).
The market is concerned that decisions related to air pollution may drag down China’s GDP growth, market watchers said.
Local governments in eight cities in Liaoning Province have been fined a total 54.2 million yuan (US$8.9 million) for air pollution, local environmental authorities said yesterday.
China’s top economic planner, the National Development and Reform Commission, yesterday also announced measures to curb coal sales for high pollution miners.
Yanzhou Coal Mining Co fell 1.3 percent to 9.88 yuan. Zhengzhou Coal Industry & Electric Power Co dropped 1.7 percent to 5.84 yuan.
- 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.
