BEIJING, Feb. 25 -- Major stock indices in China surged more than 5 percent Monday led by the financial sector.
The benchmark Shanghai Composite Index started the day with a 1.22-percent gain and maintained the upward trend throughout the day to surge 5.6 percent to close at 2,961.28, the highest closing since mid-June 2018.
Trading volume of stocks in the index soared from Friday's 264.5 billion yuan (39.4 billion U.S. dollars) to 466 billion yuan, the highest turnover in more than three years.
The benchmark index has rebounded 18.74 percent since the beginning of the year and surged more than 21 percent from this year's lowest point of 2,440.91 points seen in early January, which marked the entry into "a technical bullish cycle" by some analysts.
The Shenzhen Component Index closed 5.59 percent higher at 9,134.58 points, the highest closing since the end of July 2018, and the turnover of stocks in the index reached an all-time high of 574.6 billion yuan.
China should deepen supply-side structural reform in the financial sector and strengthen the sector's ability to serve the real economy, and economy and finance are interdependent and should grow and thrive together, according to a study session of the Political Bureau of the Communist Party of China Central Committee on Friday.
On Monday, the financial sector was the strongest among all sectors, with the sub-index surging 9.11 percent and all securities brokerage firms surging by the daily limit of 10 percent.
The sector's strength came as the China Banking Association (CBA) and the Securities Association of China both planned to lower the costs of their member institutions, with the CBA expecting to reduce membership fees by 14.5 million yuan in 2019.
Although both plans are designed for the members of the two associations, they have lifted market expectations for industry-wide stimulus in the future.
The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 5.5 percent to close at 1,536.37 points.
高中热点话题的作文
学习英语要不要从儿童开始呢
药物的使用说明书
会值得吗
给四川地震灾区的中学生们写一封慰问信
征稿启事 Contributions Wanted
电视是福还是祸呢
一件开心的事情
公园是否该收取门票呢
健康的状况
2009年高考英语写作热点题目的预测一
说明西部地区开发的重要的意义
高考后的一些计划
如何做一个好妻子呢
亨利福特
一次由学校组织的旅游
要感谢帮过你的人
提纲式作文 Importance of Confidence
建议信
高考英语的作文模版之一
改造低级的句型让你的英语靓起来
手机的优点和缺点是什么
说明文
比较高中学生减负前后的有关的情况
有关于学校开展环境保护周活动的作文
高考英语的佳作四
互连网中的利与弊
就业的调查
掌握高考英语写作基本的技巧
布达拉宫
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |