Views: 3306|Replies: 3

China stocks rebound after IMF forecast [Copy link] 中文

Rank: 8Rank: 8

Post time 2012-10-10 09:50:14 |Display all floors
China stocks have witnessed a boom on Oct 9 despite the International Monetary Fund downgrading the forecast for global economic growth of 2012 to 3.3 percent in the World Economic Outlook unveiled in Tokyo, before the IMF-World Bank 2012 annual meetings.

Chinese stocks closed higher, with the benchmark Shanghai Composite Index jumping 1.97 percent, or 40.81 points, to close at 2,115.23. The Shenzhen Component Index closed at 8,743.86, up 2.39 percent, or 203.79 points.

Chinese stocks opened higher with the benchmark Shanghai Composite Index opening at 2,081.59, up 0.35 percent from the previous close. The Shenzhen Component Index opened 0.51 percent higher at 8,583.58. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened at 691.39 points on Tuesday, up 0.09 percent from the previous close.

By midday Oct 9, the Shanghai Composite Index rose 42.38 points, or 2.04 percent, to close Tuesday's morning session at 2116.80.

An investor at a stock sales department in Fuyang city, Anhui province, Oct 9, 2012. [Photo/CFP]

An investor at a stock sales department in Fuyang city, Anhui province, Oct 9, 2012. [Photo/CFP]



Use magic tools Report

Rank: 8Rank: 8

Post time 2012-10-10 09:50:47 |Display all floors



An investor smiles on Oct 9, 2012 at a stock sales department in Hangzhou city, Zhejiang province. [Photo/Xinhua]




An investor looks concerned about the stock market on Oct 9, 2012 at a stock sales department in Xi'an city, Shaanxi province. [Photo/CFP]



Use magic tools Report

Rank: 6Rank: 6

Post time 2012-10-14 13:29:54 |Display all floors
Chinese are stupped people. they should get oot of capitalism before capitalism destroy their civilisation.

Capitalism and Democracy combined are destroying the western civilsation now and and this will happen sooner then you expect.

Use magic tools Report

Rank: 6Rank: 6

Post time 2017-8-23 03:31:29 |Display all floors
The unfortunate thing about the IMF is that it will become the economic 'big brother' in the not-too-distant future.

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.