1. LINE

      Text:AAAPrint
      Economy

      Chinese shares plunge over 3 pct on June 16

      1
      2015-06-16 15:02Xinhua Editor: Gu Liping

      Chinese shares dived on Tuesday, with the benchmark Shanghai Composite Index down more than 3 percent at the end of trading, driven by an exodus of capital from the stock market.

      The benchmark Shanghai Composite Index dived 3.47 percent, or 175.56 points, to finish at 4,887.43 points, while the Shenzhen Component Index dropped 3.54 percent, or 626.62 points, to close at 17,075.93 points.

      The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, slipped 2.85 percent, or 105.36 points, to end at 3,590.67 points.

      During Tuesday's trading, losers outnumbered winners by 776 to 146 in Shanghai and by 1,130 to 260 in Shenzhen.

      Combined turnover for the two bourses expanded to 1.7 trillion yuan (278 billion U.S. dollars) during Tuesday's session from Monday's 1.2 trillion yuan.

      Analysts attributed Tuesday's drastic fall mainly to 25 IPOs scheduled for this week as investors try to get capital together. Subscribers to the new IPOs see them as a sure way of making money.

      Analysts from wlstock.com expected the coming IPOs to lock up nearly 5.7 trillion yuan of liquidity. Under market rules, major shareholders of new stocks are subject to one or two years lock-up before they are permitted to trade.

      Market regulator China Securities Regulatory Commission (CSRC) on Saturday banned illicit loans for stock purchases, and announced that margin trading outside the brokerage system would be strictly punished.

      Shares from sectors including aviation manufacturing, e-commerce and logistics led Tuesday's market drop.

      CRRC Corp, the company formed by the merger of CSR and CNR, China's two leading high-speed railway makers, continued its losing streak on Tuesday. It debuted last Monday, jumping by the daily limit of 10 percent, but it lost now 33 percent after six days of consecutive drops. CRRC dropped by the daily limit of 10 percent to close at 21.58 yuan per share.

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 午夜亚洲乱码伦小说区69堂| 亚洲色图在线播放| 亚洲国产精品日韩av不卡在线| 亚洲精品免费在线视频| 67pao强力打造67194在线午夜亚洲| 久久青草免费91观看| 国产亚洲综合一区柠檬导航| 国产成人免费AV在线播放| 亚洲日本va中文字幕久久| 最近2019中文免费字幕在线观看 | 精品国产一区二区三区免费| 中文字幕亚洲一区二区三区| 成av免费大片黄在线观看| 亚洲色WWW成人永久网址| 免费在线看黄网站| 亚洲精品亚洲人成在线麻豆| 18禁超污无遮挡无码免费网站国产| 亚洲xxxxxx| 内射无码专区久久亚洲| 香蕉免费一级视频在线观看| 亚洲AV永久无码精品| 麻豆最新国产剧情AV原创免费| 亚洲日韩乱码中文字幕| 四虎永久成人免费影院域名| 一级毛片免费播放试看60分钟| 亚洲国产AV无码专区亚洲AV| 免费观看国产网址你懂的| 亚洲色精品VR一区区三区| 婷婷综合缴情亚洲狠狠尤物| 三级网站免费观看| 亚洲免费黄色网址| 国产乱弄免费视频| 国产成年无码久久久免费| 亚洲人成影院午夜网站| 日产国产精品亚洲系列| 免费黄色电影在线观看| 久久亚洲国产最新网站| 久久国产成人精品国产成人亚洲| 30岁的女人韩剧免费观看| 国产精品无码亚洲精品2021| 亚洲成Av人片乱码色午夜|