Discuss on measures to boost market
By Lan Xiang | China Daily | Updated: 2008-09-27 09:20
SHANGHAI: Caught up by China's economy slowdown trend and the market turmoil on the Wall Street, the mainland equity market has posted unprecedented challenges, although most investors remain upbeat on the stock market's outlook in the long run.
The CSI 300 Index, which tracks stocks traded in mainland's two bourses, has suffered almost 70 percent drop so far from its peak in last October, owing to the equity bubble and the growth slowdown of listed-companies' earnings.
Also China's listed companies missed expectation in their interim financial report, and analysts forecasted that the second half earnings growth may slide further because of the concerns on continuing slowdown in the global economy.
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