Related News
Shares fall as caution looms ahead of holiday
SHANGHAI shares fell yesterday as investors stayed cautious ahead of the weeklong National Day holiday that starts tomorrow.
The Shanghai Composite Index shed 2.02 percent to 3.038.14 points.
More than 750 companies fell in yesterday’s trading, with insurers and technology shares leading the decline.
New China Insurance Co dropped 4.58 percent to 36.07 yuan (US$5.67), while Shanghai-based Inspur Software Co slid 6.11 percent to 19.07 yuan.
The fall coincided with the worst showing of Asian markets amid worries over China’s slowdown, Bloomberg News said.
The ongoing investigation into “illegal margin debts” also spooked investors, according to market observers.
Bocom International Holdings Co said in a note yesterday that the China Securities Regulatory Commission needs another month to clear all margin debts.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.