Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

China Shares Enjoy Best Day in Fortnight -- City Index UK


Print article Print article
© Marketwire 2013
2013-01-28 15:48:42 -

LONDON -- (Marketwire) -- 01/28/13 -- City Index UK : ctt.marketwire.com/?release=978938&id=2531059&type=1& .. : Chinese shares enjoyed their best day in two weeks today (January 28th), helping to boost both the Shanghai SSE Composite and the Hong Kong Hang Seng.



Read Full Article at cityindex.co.uk: China shares enjoy best day in fortnight : ctt.marketwire.com/?release=978938&id=2531062&type=1& ..





This rally was thanks to the good reception comments by a senior central bank official received by investors when his words were published in several national newspapers.



Deputy governor of the People's Bank of China Pan Gongsheng said the pace and timing of freeing up interest rates needs to depend on banks' profitability and ability to replenish capital, as these two factors affect credit supply to the whole economy.



Mr Pan's comments also included a promise to develop the onshore bond market and reduce balance sheet risks for banks and another to begin publishing a regional breakdown of total social financing.



At close of play this morning, the Hong Kong Hang Seng rose by 0.3 per cent to an index value of 23671.8 points and the Shanghai SSE Composite soared by 2.4 per cent to 2346.5 points.



Find the latest spread betting strategies for Asian benchmarks : ctt.marketwire.com/?release=978938&id=2531065&type=1& .. at City Index.



About City Index:



City Index is one of the world leaders in spread betting and CFD trading. Established in the UK in 1983 we have grown to become leading providers of contracts for difference, Forex and spread betting over the past 29 years.



See how spread betting measures up to traditional shares : ctt.marketwire.com/?release=978938&id=2531068&type=1& .. dealing and find out which form of trading is most suitable for you.



Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.



Add to Digg : digg.com/submit?phase=2&url= www2.marketwire.com/mw/release_html_b1?release_id=978938 Bookmark with del.icio.us : del.icio.us/post?v=4&noui&jump=close&url= www2.marketwire.com/mw/release_html_b1?release_id=978938 Add to Newsvine : www.newsvine.com/_tools/seed&save?u= www2.marketwire.com/mw/release_html_b1?release_id=978938



Press Information:




Contact Person:


Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com