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 / Markets

Chinese stocks rebound, continuing 7-year high

By Dai Tian (chinadaily.com.cn) Updated: 2015-04-16 16:33

Chinese stocks rebound, continuing 7-year high

A Chinese investor smiles in front of a screen displaying stock indices at a stock brokerage house in Fuyang city, East China's Anhui province, April 16, 2015. [Photo/IC]

Chinese stocks rebounded from the biggest slump in six weeks with the benchmark Shanghai index surging to a new 7-year high, amid speculations of further easing to bolster economic growth.

The Shanghai Composite Index closed at 4,194.82 points on Thursday, up 2.7 percent, while the Shenzhen Component Index advanced 2.4 percent to 13,967.8 points.

The telecommunication sector led the gains, with the country's mobile network carrier China Unicom jumping by the daily limit of 10 percent and ZTE Corp by 5.9 percent. Ministry of Industry and Information Technology (MIIT) vowed on Thursday to improve the net speeds and lower mobile Internet fees, as a response to Premier's call for improved Internet access.

Distillers including Kweichow Moutai Winery Group, Wuliangye and Laobaigan climbed more than 9 percent on Thursday, as Shenwan Hongyuan Securities said in a note that Baijiu stocks are currently cheaply valued and could benefit from catalysts such as state-owned enterprise reform and innovation in business models.

Insurer stocks remained active, with Ping An Insurance and China Pacific Insurance edging over 7.4 and 4.3 percent respectively. China Life Insurance and New China Life Insurance both added 3 percent.

Nuclear-related companies also grew on Thursday, as Dongfang Electric and Shanghai Electric, together with clean energy equipment provider Zhefu Holding and Shenzhen Woer Heat-Shrinkable Material Co, surged by the daily limit.

The Chinese government on Wednesday approved the construction of pilot nuclear power units using the Hualong One technology, a domestically-developed third generation reactor design.

The CSI 300 index gained 3 percent to 4,513.55 points on Thursday.

 

Hot Topics

Editor's Picks
...
迁安市| 北辰区| 丘北县| 丰城市| 徐州市| 涿州市| 溧阳市| 姚安县| 肥乡县| 阜阳市| 陆丰市| 新疆| 特克斯县| 肇州县| 尤溪县| 建水县| 游戏| 芦溪县| 汤阴县| 通海县| 根河市| 江源县| 建德市| 荆州市| 马山县| 永平县| 神木县| 彭水| 房产| 库尔勒市| 延庆县| 酒泉市| 东阿县| 社旗县| 钟山县| 衡阳市| 利川市| 宾阳县| 上饶市| 郧西县| 上虞市|