国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

Economy

Markets

Industries

Insights

Reports

Events

Chinese shares open 1.17% higher on policy boost

(Xinhua)
Updated: 2008-12-15 10:21

Chinese shares opened 1.17 percent higher on Monday morning on recovered investor confidence as government vowed to stabilize capital market over the weekend.

Chinese cabinet, the State Council said on Saturday in a statement it seeks to stabilize its multi-tier capital market in an effort to protect the country's economy from the ongoing financial crisis.

It urged the completion and start of the Growth Enterprise Board, a Nasdaq-like entity to help small start-ups raise funds.

The benchmark Shanghai Composite Index opened up 22.82 points at 1977.03. Shenzhen Component Index on the smaller Shenzhen Stock Exchange opened 1.29 percent higher at 7184.16.

The government also encouraged the expansion of bond issuance, including corporate bonds, short-term financing bonds and medium term notes.

China Insurance Regulatory Commission also called for insurers to invest in the capital market directly or indirectly as long-term investors to help boost consumption and stabilize exports.