在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Markets

Shares of military, tech firms mobilize stock rally

(Bloomberg) Updated: 2014-09-03 07:24

The mainland's benchmark stock index rose to a 15-month high, led by defense and technology companies, amid speculation the government will increase military spending as part of its efforts to bolster economic growth.

China Spacesat Co and Aerospace Communications Holdings Co rallied 10 percent. President Xi Jinping called for more innovation in the country's armed forces and a new strategy for "information warfare", the Xinhua News Agency reported on Sunday.

Liquor makers Kweichow Moutai Co and Wuliangye Yibin Co paced gains for consumer companies most immune to swings in the economy. Hong Yuan Securities Co led a rally for brokerages, up 6.5 percent.

Shares of military, tech firms mobilize stock rally 
Shanghai shares close at 15-month high
 
Shares of military, tech firms mobilize stock rally 
Investors remain bullish despite day of profit taking
 
The Shanghai Composite Index climbed 1.4 percent, its third straight gain, to 2,266.05 points, the highest level since June 5, 2013. Speculation is growing that the government will increase support for strategic industries after an official gauge of the nation's manufacturing expanded at a slower pace last month. Defense spending will remain a priority given China's territorial disputes with several neighboring countries, according to Citigroup Inc.

"Military stocks are leading the surge in the index," said Zhang Yanbing, an analyst at Zheshang Securities Co in Shanghai. "Investors are optimistic about the industry's reform. This is a big boost especially because related stocks are pretty huge State enterprises."

The CSI 300 Index gained 1.3 percent to 2,386.46. The Hang Seng China Enterprises Index added 0.1 percent. Trading volumes in the Shanghai index were 20 percent above the 30-day average.

A gauge of consumer-staples producers in the CSI 300 rose 1.5 percent. Kweichow Moutai and Wuliangye Yibin both rallied more than 2 percent.

Confidence among liquor dealers is recovering as mass consumption is picking up, Shenyin Wanguo Securities Co analyst Deng Jingdong wrote in a note on Tuesday.

Monday's data follow weaker-than-expected credit, production and investment data for July, suggesting the economy is losing momentum and adding to pressure on the government to step up efforts to meet its growth target this year.

Official and private gauges of the services trade for August will be released on Wednesday. The government's non-manufacturing PMI fell to 54.2 in July from 55 in June. The July reading for an index by HSBC Holdings Plc and Markit Economics Ltd came in at 50 in July, the lowest since the series began in November 2005 and down from 53.1 in June.

The Shanghai Composite has rebounded 14 percent since mid-March on prospects China will reduce government ownership of State-owned enterprises and the link between exchanges in Hong Kong and Shanghai will fuel inflows.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美一区免费 | 亚洲成人黄色 | 五月婷婷激情综合 | 国产精品3 | 久久久久久99精品久久久 | 国产在线观看一区 | 亚洲黄色在线 | 久久精品一区二区三区不卡牛牛 | 亚洲一区亚洲二区 | 激情久久av | 岛国av免费观看 | 青青操国产 | 毛片www| 91精品国自产在线观看 | 国内自拍偷拍视频 | 精品国产999久久久免费 | 黄色精品网站 | 久草手机在线视频 | 欧美在线视频一区 | 日日干狠狠干 | 国产乱码一区二区三区 | 四虎影院www | 成人免费黄色片 | 亚洲第一免费视频 | 国产日本精品 | 日韩一区二区在线播放 | av观看免费 | 国产午夜精品久久久 | 二区在线观看 | 国产成人免费观看 | 午夜av片 | 日韩中文字幕在线观看 | 1级黄色大片 | 国产激情网站 | 日日操夜夜干 | 在线观看黄色av | 天美传媒在线观看 | 一区二区高清 | 国产欧美一区二区精品性色超碰 | 国产美女一区 | 超碰成人在线观看 |