analyst at Guotai Junan Securities

Analysts said subscriptions on Sept. 25 for the 10 companies to be listed on the Growth Enterprise Market drew money from existing equities, which might have contributed to the plunge in trading volume.


The Baltic Dry Index, which measures global bulk ocean freight rates, dropped 0.55 percent to 2,163, which took it to a 74 percent slump since June.







The Shenzhen Component Index fell 0.8 percent to 11,384.16 points, with losers leading gainers two to one. Turnover was about 45.9 billion yuan, compared with a five-day average of 69.1 billion yuan.
Cosco Shipping Co. (SSE: 600428), a unit of the world's second-largest shipping group,f50 adizero, was down 0.21 percent to 9.54 yuan.
Steel makers lost ground in response to the announcement of new European trade tariffs. Major seamless pipe maker Baosteel (SSE: 600010) fell 1.22 percent to 4.04 yuan and leading aluminum foil maker Jiangsu Alcha Aluminum Co. (SZSE: 002160) slid 1.68 percent to 11.15 yuan.
However, Jiangsu Hongtu High Technology Co. (SSE: 600122), a communications equipment maker, plunged 9.46 percent to 12.92 yuan, after saying it would sell more shares via a private placement to raise about 1.4 billion yuan.

Print E_Mail Share Facebook Linkedin Yahoo Buzz Twitter Digg Single Page


In contrast,adidas foot, the beverage, food, clothing, and home appliance sectors outperformed, on expectations of a sales surge over the National Day holiday. The shares were also supported by the results of a People's Bank of China survey of urban residents released on Sept. 24, which showed greater confidence about job and income prospects and more willingness to spend.
(Caijing.com.cn) A strong U.S. dollar depressed global commodity futures as Chinese miners continued to decline, dragging the Shanghai Composite Index down 0.52 percent to 2,f50,838.84 points on Sept. 25.
Compiled by Caijing staff
Yunnan Yuntianhua Co. (SSE: 600096), a fertilizer producer, fell 1.54 percent to 22.31 yuan, after it warned of a third-quarter loss due to lower demand.
Sichuan Changhong Electric Co. (SSE: 600839),moncler, a leading television maker, rose 3.85 percent to 4.85 yuan. The company said on Sept. 23 it planned to sell its air-conditioner business and focus on the TV market.

Investors remained cautious ahead of an eight-day market closure for the Oct. 1 National Day holiday, and turnover in Shanghai fell to a seven-month low of 83.5 billion yuan, well below the five-day average of 121.5 billion yuan. Losers led gainers five to two.

On Sept. 24, the European Commission said it will impose a five-year anti-dumping tariff of 39.2 percent on Chinese seamless steel pipes and 30 percent on aluminum foil, the official Xinhua news agency reported.
China Unicom (SSE: 600050), the country's second-largest telecom operator, gained 0.29 percent to 6.87 yuan, after Caijing reported it will introduce 3G-based iPhones after the Oct. 1 National Day holiday at a minimum of 5,099 yuan per set, including 24 months of call charges. The shares were also supported by news that in the first eight months, telecom-sector revenue rose 3.2 percent year-on-year and the number of mobile phone users grew 1.1 percent to 710.5 million. The figures were released by the Ministry of Industry and Information Technology on Sept. 25.

The 10 companies plan to raise a total of about 6.9 billion yuan,doudoune moncler pas cher, 146 percent above analysts' initial average estimate of 2.8 billion yuan, calculated from their issue prices.

Shandong Gold Mining Co. (SSE: 600547),adidas foot magasin, the largest domestic gold miner by revenue,moncler quincy, dropped 5.67 percent to 59.96 yuan, after Comex gold futures slid 1.53 percent to US$997.60 per ounce for December delivery.

Investors remained cautious ahead of an eight-day market closure for the Oct. 1 National Day holiday.

Zhang Kun, analyst at Guotai Junan Securities, said investors might have to wait till after October to see fully solid economic data, and the market would probably dip in October.


Golden Sun Securities' Xiao Yongming took the opposite view,adidas f50, saying that September data and third-quarter corporate earnings would be "on the positive side" and there was little room on the downside for equities.
1 yuan = 14 U.S.cents
Yantai Changyu Pioneer Wine Co. (SZSE: 000869), Asia's largest wine company, rallied 5.94 percent to 59.17 yuan.
相关的主题文章：


美国再设陷阱围杀中国：北京强硬出手要求真相大白！_锐利军魂_5293

//spyware-information.com/articles_1.html

If you are thinking of adding a dog to your family