Home>News Center>China
       
 

China shares rise on restructuring hopes
(AP)
Updated: 2005-09-19 19:51

China shares rose modestly on Monday as investors bought shares in ailing companies in hopes they will be delisted and restructured, the Associated Press reported.

The benchmark Shanghai Composite Index nudged upward 0.63 percent to 1,220.63. The Shenzhen Composite Index rose 0.89 percent to 301.71. Buying in special treatment shares, or companies that have posted two straight years of losses, boosted the market Monday.

If companies in this category post losses for a third year, they are delisted. "The absolute prices of special treatment stocks are low. That has made them more enticing to investors," said Wu Jianxiong, an analyst at Guotai Junan Securities.

Anhui Feicai Vehicle Co. rose 5 percent, the daily limit for special treatment shares, to 1.79 yuan. Hunan Guoguang Ceramic Group Co. was also up its 5 percent limit, closing at 1.80 yuan.

Shares of companies that generate electricity from hydro, wind, and solar power, also attracted large amounts of speculative funds.

"The market is crowded with speculators now. Many people are ignoring company fundamentals to bet money on companies regarded as new or different on hopes they will attract attention," said analyst Pei Xiaoyan at Joint Securities.

Baoding Tianwei Baobian Electric Co. surged 10 percent, the daily limit for regular shares, to 11.39 yuan. Wuhan Linuo Solar Energy Group Co. also went the limit to close up at 6.59 yuan.

With China's weeklong National Day holiday approaching, traders say trading activity will decline in coming sessions.

China's stock markets will be closed during the period, which begins Oct. 1.



Flight competition in Hangzhou
Chinese celebrate Mid-Autumn Festival
Hu concludes North American trip
  Today's Top News     Top China News
 

N. Korea agrees to abandon nuclear weapon efforts

 

   
 

New cotton strain to raise output by 25%

 

   
 

German election mandate still in question

 

   
 

Sirens mark anniversary of Japan invasion

 

   
 

China lauds stable yuan since July revaluation

 

   
 

Relief at hand for thirsty northern cities

 

   
  China shares rise on restructuring hopes
   
  Starbucks announces $5 million fund in China
   
  China approves new GMO cotton to raise output
   
  Yang Liwei won't be on second manned flight
   
  Li Ao ready for mainland tour
   
  China's new North Korea proposal praised
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 日韩av无码一区二区三区| 男人操女人视频网站| 国产欧美日韩精品a在线观看 | 日本二区在线观看| 亚洲一区二区三区在线网站| 污污的软件下载| 免费无遮挡无码视频网站| 日本在线视频网址| 在线无码视频观看草草视频| 一区二区三区国产最好的精华液 | 美女被免网站在线视频| 国产在线a免费观看| aaaaaa级特色特黄的毛片| 日韩精品一区在线| 免费一看一级毛片| 精品丝袜国产自在线拍亚洲| 国产限制级在线观看| 中文字幕第一页国产| 日韩亚洲av无码一区二区不卡| 亚洲不卡av不卡一区二区| 欧美激情综合色综合啪啪五月| 国产va免费精品高清在线观看| 91精品国产高清91久久久久久| 好男人电影直播在线观看| 中文字幕一二三四区2021| 日本三级香港三级久久99| 久久精品国产99久久久| 最好看的免费观看视频| 亚洲一区二区三区电影| 欧美俄罗斯乱妇| 亚洲国产视频网| 欧美日韩在线不卡| 亚洲欧美国产精品| 毛片a级毛片免费播放下载| 人与禽交免费网站视频| 狼人久蕉在线播放| 国产三级在线播放不卡| 韩国无码AV片在线观看网站| 国产香蕉一本大道| Channel| 大学生一级毛片免费看**|