Related News
Wait-and-see stand ahead of holidays
CHINA stocks steadied in thin activity yesterday after three days of losses, as investors took a wait-and-see attitude before the National Day and Mid-Autumn Festival holidays.
The Shanghai Composite Index edged up 0.06 percent to 3,343.58 points while the Shenzhen Component Index closed 0.18 percent higher at 10,950.77. Total turnover at the two bourses stood at 397.7 billion yuan (US$60 billion), down from 468.5 billion yuan on Monday.
Analysts said they expect transactions to remain subdued for the rest of the week but the market is likely to see a recovery in October as investors return from the long holiday.
Property shares rebounded after a recent sell-off, with China Vanke Co jumping 2.45 percent to 26.76 yuan and Poly Real Estate Group adding 0.76 percent to 10.65 yuan.
Profits of China’s state-owned firms rose 21.7 percent in the first eight months from a year ago, the Ministry of Finance said yesterday.
- 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.