 |
|
|
 |
|
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, jumped by 21.57 points, or 2.42 percent, to 913.09 on Wednesday.
Chinese shares staged a rally Wednesday after the nation's statistics bureau announced earlier in the day that the economic growth has slowed to 9.5 percent in the second quarter from 9.7 percent in the first quarter.
China's bullion investments may slow down this year compared with the sharp growth in 2010 as record-high gold prices increased the potential risk of price volatility, industry executives said on Tuesday.
Stocks on the Chinese mainland fell the most in seven weeks on concern that Europe's debt crisis could spread and higher-than-estimated new loans and money supply could make it difficult for China's government to ease its tightening policies.
The US' sovereign credit rating is likely to be downgraded regardless of whether the US Congress reaches an agreement on raising its statutory debt limit, the Chinese rating agency said.
China's gold output in the first five months this year rose by 4.68 tons, or 3.67 percent compared with a year earlier, to 132.02 tons, according to figures released Tuesday by the Ministry of Industry and Information Technology (MIIT).
Stocks of Chinese companies that traded overseas will survive the accounting scandal and shorting crisis, an analyst told chinadaily.com.cn in Beijing on Sunday.
Hong Kong stocks tumbled 684.07 points, or 3.06 percent, to close at 21,663.16 on Tuesday, following sharp decreases overnight in the U.S. stock market.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 11.32 points, or 1.25 percent, to 891.99 on Tuesday.
China's stock index futures closed down on Tuesday with the contract for July, the most actively traded, down 1.85percent, from the previous day to 3,054.6 points.
Chinese shares closed lower Tuesday with the benchmark Shanghai Composite Index down 1.72 percent, or 48.11 points, to close at 2,754.58.
China's new bank lending, an important indicator of the monetary policy, hit 633.9 billion yuan ($97.52 billion) in June, up from May's 551.6 billion yuan, the People's Bank of China said on Tuesday.
China's forex reserves hit $3t in June
