国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Widespread falls as new data looms

(Agencies) Updated: 2016-05-13 08:15

No further stimulus expected, as nerves remain over debt

Most Chinese mainland stocks declined, led by industrial and consumer-staples companies, as investors awaited the release of economic data. Gains by power producers capped losses.

More than two shares fell for each that rose on the Shanghai Composite Index, which slipped less than 0.1 percent.

A gauge of industrial companies sank the most among industry groups, while Sichuan Chuantou Energy Co jumped the most this year to lead utility stocks higher.

Data on new loans and money supply may be released soon, while reports on industrial production and retail sales are also due this week.

The most recent figures have showed March's pick up in economic indicators did not carry over to April, with manufacturing gauges and trade data missing predictions, while a warning about the nation's high debt levels by the People's Daily has damped hopes for more easing.

Investor interest in the world's second-largest equity market is turning cold as the Shanghai gauge trails all global benchmark gauges tracked by Bloomberg this year with a 20 percent loss.

"It seems the economy will stay at these low levels for a very long time and investors are not expecting further stimulus," said Steven Leung, an executive director for institutional sales at UOB-Kay Hian Holdings Ltd.

"People are getting quite nervous about the debt market situation in China."

The Shanghai measure dropped to 2,835.86. The Hang Seng China Enterprises slid 0.4 percent at the close in Hong Kong, while the Hang Seng Index declined 0.7 percent.

CK Hutchison Holdings Ltd closed at a three-month low after European Union regulators vetoed the company's plan to buy UK carrier O2 for as much as 10.25 billion pounds ($15 billion).

China's banks probably doled out new yuan loans worth 800 billion yuan ($123.1 billion) in April, down from 1.37 trillion yuan the previous month, according to economist estimates.

A measure of industrial companies declined 0.6 percent, the most among industry gauges on the CSI 300 Index. Spring Airlines Co dropped 3.9 percent and Shanghai Waigaoqiao Free Trade Zone Group Co. retreated 3.4 percent.

Gauges of consumer-staples and healthcare companies, which jumped 2.4 percent on Wednesday, slid 0.4 percent each.

Hot Topics

Editor's Picks
...
德昌县| 广宁县| 方正县| 昆山市| 霍邱县| 神池县| 尤溪县| 安塞县| 聊城市| 崇信县| 工布江达县| 霍城县| 遂川县| 黔东| 临沭县| 彩票| 双鸭山市| 安顺市| 栖霞市| 秦安县| 虎林市| 武穴市| 西安市| 阿拉尔市| 闵行区| 湖北省| 万源市| 平凉市| 秦皇岛市| 崇义县| 安陆市| 叙永县| 汶川县| 镇安县| 金平| 宣武区| 娄底市| 西贡区| 淄博市| 会泽县| 锦州市|