The average valuation of the industry has been ranked the top among all industries with the price-to-earnings ratio of most companies exceeding 100 times, according to estimates.
2015-07-24 08:09:21.0HUANG XIANGYANGMarket success is a lesson in human psychologystock market,shares,A shares153005817Talking Business2@web/enpproperty-->On the night of July 8, talking with colleagues on the social networking platform of WeChat, I confidently predicted the stock market would rebound the following day.,艾滋病检查的重要意义1 2 Next Page
The benchmark Shanghai Composite Index plunged 8.48 percent to close at 3,725.56 points, its sharpest daily drop since February, 2007. The smaller Shenzhen Component Index fell 7.59 percent to close at 12,493.05 points. Around 1,800 shares fell by the 10-percent daily limit.,The central bank decided to let the market have a greater say in forming yuan's central parity rate against the US dollar on Tuesday, taking into account previous closing rate, demand and supply in the interbank market and rate of major currencies.,"So this is not significant, but it surprised the market and therefore the market will adjust to these changes," Zeti said.
2015-07-28 10:55:15.0FTSE 100 drops by 1.13% on China stock slumpFTSE 100,stock slump,China11022003Markets2@webnews/enpproperty-->LONDON - FTSE 100 Index, British benchmark stock market gauge, Monday dropped by 1.13 percent, or 74.68 points, to 6,505.13, as China stock market's slump dragged the performance of European stock markets.,The central bank on Tuesday adjusted the exchange rate formation system so it now takes into consideration the closing rate of the inter-bank foreign exchange market on the previous day, as well as supply and demand in the market, and price movement of major currencies.,The State Council, China's Cabinet, announced on July 24 that it will broaden the RMB daily trading band but did not disclose any more details.
Its shares gained 1.2 percent to 28.7 yuan on Tuesday.,艾滋病宣传校园广播稿New yuan loans hit 1.48 trillion yuan (1.8 billion) last month, up 1.61 trillion yuan from a year earlier, according to data released by the People's Bank of China (PBOC) on Tuesday.,-- June 18, 2014: China started direct trading between the yuan and the British pound on the inter-bank foreign exchange market.
The People's Bank of China cut the reference rate against the US dollar to 6.2298 yuan per dollar, down from 6.1162 yuan a day earlier, the lowest level in more than two years.,New yuan loans hit 1.48 trillion yuan (1.8 billion) last month, up 1.61 trillion yuan from a year earlier, according to data released by the People's Bank of China (PBOC) on Tuesday.,The regulatory authorities had rolled out a series of measures－ranging from cutting interest rates to halting the issue of new shares－to stop the decline, but to no immediate avail.