Markets

Equities rise on rumors of stock index futures

By Li Xiang (China Daily)
Updated: 2009-12-31 08:08
Large Medium Small

Equities rise on rumors of stock index futures

Equities advanced to a two-week high yesterday, led by financials, following reports that the State Council has given the green light for stock index futures.

The benchmark Shanghai Composite Index rose 1.58 percent to close at 3262.6 points, while the Shenzhen Composite Index rose 1.04 percent to 13644.47 points.

China Business News had earlier reported that the government had approved the launch of stock index futures and the new product would make its capital market debut soon.

Analysts said blue chips and the financial sector could gain from the move, as it would increase the capital flows to the market.

Shares of futures firm China Cifco Investment Co Ltd rose to the 10 percent daily limit yesterday and closed at 40 yuan, while CITIC Securities rose 2.3 percent to 31.49 yuan.

Shares of index heavyweights also responded positively to the news, led by large oil companies and banks.

Related readings:
Equities rise on rumors of stock index futures Equities edge up led by commodities, banks
Equities rise on rumors of stock index futures Equities surge on hopes of better industrial earnings
Equities rise on rumors of stock index futures Equities decline on new share sale concerns
Equities rise on rumors of stock index futures Chinese equities edge down on Friday

Asia's largest oil refiner Sinopec closed up 3.14 percent at 14.14 yuan, while China Merchants Bank surged 4.95 percent to 18.02 yuan.

Shang Fulin, chairman of the China Securities Regulatory Commission, said on Dec 18 that the nation would introduce index futures at an "appropriate" time in an attempt to deepen financial market reforms. But he did not give a specific timeframe for the launch.

Analysts expect Chinese equities to rally more than 10 percent in the first two months of next year once a clear timetable for the index futures is announced.

"The market is well prepared for the new product and the launch is just a matter of time," said Liao Qing, an analyst with Sealand Securities.

主站蜘蛛池模板: 日本不卡高字幕在线2019| 一本伊在人香蕉线观新在线| 青春禁区视频在线观看8下载| 在线A级毛片无码免费真人| 亚洲AV永久无码精品漫画| 色呦呦网站在线观看| 国产精品三级视频| 99re国产精品| 日本免费看视频| 亚洲熟妇少妇任你躁在线观看 | 边摸边吃奶边做爽免费视频99| 国产精品亚洲一区二区三区在线| 中文在线观看免费网站| 欧美日韩国产乱了伦| 国产强伦姧在线观看| chinese帅哥18kt| 成人午夜精品视频在线观看| 久久久亚洲欧洲日产国码二区| 欧美黑人疯狂性受xxxxx喷水| 免费看黄色软件大全| 美女视频黄A视频全免费| 国产亚洲欧美另类专区| 97精品伊人久久大香线蕉| 好吊色青青青国产在线观看| 三级黄在线观看| 日韩精品一区二区三区在线观看| 亚洲第一综合天堂另类专| 青青草原1769久久免费播放| 国产欧美日韩专区| 99精品无人区乱码在线观看| 宅男666在线永久免费观看| 久久男人av资源网站| 最近中文字幕mv在线视频www| 伊人色综合久久天天人守人婷 | 国产精品成人h片在线| 免费被黄网站在观看| 一区二区三区在线观看视频| 文中字幕一区二区三区视频播放| 亚洲欧美国产中文| 欧美黑人巨大白妞出浆| 亚洲色欲久久久综合网东京热|