ecns [expanded by feedex.net]
ecns
Shanghai index inches higher
http://www.ecns.cn/business/2014/03-25/106498.shtml
Mar 25th 2014, 08:17
2014-03-25 17:17 Shanghai Daily
Shanghai stocks rose for the third straight day as market sentiment improved after the government recently announced a slew of infrastructure investment plans that may boost the economy.
The Shanghai Composite Index edged up 0.05 percent to 2,067.31 points on Tuesday.
"We expect the government to accelerate investment projects and the People's Bank of China to keep liquidity loose," Barclays Plc said in a report dated yesterday. "Premier Li Keqiang has repeatedly said the government wants to ensure growth within a 'reasonable range' to generate sufficient employment while making sure there are no regional or systemic financial risks."
At the weekly Cabinet meeting last Thursday, Li said the government will accelerate the rollout of measures to boost domestic demand and stabilize economic growth. Li added the government will accelerate major investment projects and construction plans, and ensure budgeted funds are disbursed in a timely manner.
Industrial park developers rallied in Shanghai as stocks connected to the free trade zone remain popular with investors. Shanghai Zhangjiang Hi-tech Park Development Co jumped 6.1 percent to 7.35 yuan (US$1.2). Shanghai Waigaoqiao Free Trade Zone Development Co soared 8.3 percent to 31.06 yuan. Shanghai Jinqiao Export Processing Zone Development Co rose by the 10 percent daily limit to close at 11.42 yuan.
ShareX
QQ Miniblog
bSync
Sina Miniblog
Qzone
Sohu Miniblog
Xinhua Miniblog
Shou Ji
Netease MB
Kaixin001
Douban
phone fast transmit
Renren
Tianya
IFeng MB
QQ Friends
WeChat
QQ friend
More... (133)
bShare
You are receiving this email because you subscribed to this feed at https://blogtrottr.com
If you no longer wish to receive these emails, you can unsubscribe here:
https://blogtrottr.com/unsubscribe/qhG/Zc7fXt
No comments:
Post a Comment