China Financial Daily

October 18, 2008

What about the economic climate?

Filed under: Financial News — Tags: , , , — kinpoo @ 7:39 am -0700

Shang Fulin: the war of stock reform
In 2005, Shang Fulin’s decisive, courageous and touhg are exposed again. This time, in front of him is since the Chinese stock market’s inception, as a result of a system left over from history and the formation of the defects of the biggest problems – share stock-right.

Huo Deming, a professor at Beijing University: Change of the stock market has no effect on the economy
Investors reported that (reporter Gou Xiyu, Meng Fanhong, Wei Zidan)from 6124 points of its lowest point to 1802, there were some peoples to describe the A share market as a crash, but from China Taiwan region Huo Deming, a professor of Beijing University did not think so.

Jiang Ping: the opportunity to usher in, and China’s financial managers are required to win recognition
October 18, 2008, “Finance Summit 2008 West Lake” was held in the Hangzhou of Zhejiang, in Shangri-La Hotel, Sina Financial Network made an exclusive broadcast of the event.

Mr Tsang reiterated the favorable economic climate in Hong Kong
John Tsang, today (October 18) showed to the local media the Tae who had a long history of failure, was a pity. He stressed that Hong Kong’s economy has a very strong base and a sound system.

Share/Bookmark

October 13, 2008

Stock Exchange Market

Filed under: Financial News — Tags: , , — Nancy @ 1:34 am -0700

The index of traded Shenzhen stock created new lowness, when the market rebounded in the afternoon or retaliatory
Our message(Yin Shiyin)reported, that in early trading on 13rd, the Shanghai and Shenzhen A-share index Dikaidizou, both fell in early trading, with the ring volume shrinking. Shanghai Composite Index opened lower at 1978.56 in order to break 2000 points, followed by the diving stock market as a result of lower drag.

Gold from Beijing Equity Exchange:  Panic sold pressure and gold tough
Xianyanghouyi’s gold price last week, dropped out of the rushing high condition of market. The cycle line received a long line of shine on Line.Along all the way to up the gold price in the market on Friday was a serious selling pressure.

Asia-Pacific stock markets rose in early trading and Australian stock market rose more than 4%
Sina financial inquiry: By the governments together supporting the financial industry to stimulate, the Asia-Pacific stock markets rebounded Monday appeared to stabilize, and the stock closed the day with the exception of Japan, Singapore, South Korea, Australia, as well as the stock market, such as a sharp rise.

Singapore and others, 24 countries have submit the drsft of guidelines for sovereign funds
In the condition of international community having doubts about sovereign wealth funds, 23 countries such as Singapore with sovereign of fund,  on 11st submited 24 pieces of the guidelines of sovereignty on the Fund to the International Monetary Fund (IMF), aiming to remove the political concerns of sovereign investment fund.

The United States and Europe again jointly rescue the Market, the world Share all increase greatly
In the past a few days, the countries all over the world significantly speed up the pace to rescue the market under the lead of the United States. Influenced by this, the stock markets in all countries, which had great slump last week, universally have big rebound yesterday.

Share/Bookmark

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress