USEUROPEAFRICAASIA 中文雙語Fran?ais
    Home / World

    Stocks up on bullish China and US figures

    By Huang Tiantian | China Daily | Updated: 2013-01-19 08:12

    The Shanghai Composite Index rose 1.41 percent on Friday to 2317 points, hovering above the 2300 level for the fourth day this week, after China and the United States released bullish economic data.

    The increase was driven by the release of China's 2012 GDP data, real estate news from Shenzhen and supportive economic figures from the US.

    China's GDP growth was 7.8 percent in 2012, above analysts' expectations for growth of 7.5 percent.

    GDP increased 7.9 percent in the fourth quarter of last year - ending a seven-quarter decline - and up from 7.4 percent in the third quarter and 7.6 percent in the second quarter.

    The data helped confirm the view that China is recovering from the economic slowdown seen last summer, and is good news for the Chinese stock market, said Li Daxiao, head of research at Yingda Securities.

    The government also said that industrial production increased 10.3 percent year-on-year in December, while retail sales were up 15.2 percent year-on-year the same month.

    Tomomichi Akuta, an analyst at Mitsubishi UFJ Research and Consulting in Tokyo, said the figures confirm the view that China will not see a hard landing, that the Chinese economy will be more stable in 2013 than it was last year, and that it can resume sustainable growth between 7 and 8 percent.

    Asian stock markets may also see gains on the back of China's GDP data, the analyst said.

    Meanwhile, the real estate sector gained 3.18 percent in afternoon trading on news that a property development plan in Shenzhen - a major business hub in South China - has been approved by the Ministry of Land and Resources.

    The Shenzhen stock index rose 1.32 percent to 9432.3, while the Hang Seng China Enterprises Index of mainland companies traded in Hong Kong rose 2.09 percent, closing at 12105.71 points.

    The market was also supported by US government data on housing starts and the unemployment rate. Analysts said the US figures showed a continued, although slow, recovery.

    huangtiantian@chinadaily.com.cn

    (China Daily 01/19/2013 page9)

    Today's Top News

    Editor's picks

    Most Viewed

    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    伊人久久精品无码av一区| 无码乱人伦一区二区亚洲一| 久久ZYZ资源站无码中文动漫| 人妻少妇久久中文字幕一区二区| 亚洲av福利无码无一区二区| 中文字幕精品亚洲无线码二区| 国产网红无码精品视频| 国精品无码一区二区三区在线蜜臀| 中文无码制服丝袜人妻av| 精品无码国产自产拍在线观看蜜| 亚洲自偷自偷偷色无码中文| 中文字幕亚洲免费无线观看日本| 亚洲一区无码精品色| 无码国产精品一区二区免费模式| 伊人蕉久中文字幕无码专区| 国产在线精品一区二区中文| 亚洲AV无码乱码在线观看牲色| AV无码人妻中文字幕| 精品无码无人网站免费视频| 亚洲精品无码乱码成人| 最近最新中文字幕视频| 亚洲欧洲中文日韩久久AV乱码 | 天天看高清无码一区二区三区| 亚洲VA中文字幕无码一二三区 | 免费无码国产欧美久久18| 中文字幕本一道先锋影音| 伊人久久无码中文字幕| 大地资源中文在线观看免费版| 亚洲无码黄色网址| 精品人妻少妇嫩草AV无码专区| 久久久久亚洲AV片无码下载蜜桃| 无码人妻精品一区二区三区66| 亚洲动漫精品无码av天堂| 亚洲av无码乱码国产精品fc2| 中文字幕乱妇无码AV在线| 亚洲精品~无码抽插| 无码人妻品一区二区三区精99| 熟妇人妻中文字幕无码老熟妇| 人妻丰满熟妇无码区免费| 国产精品va在线观看无码| 在线综合亚洲中文精品|