Market Maturity

Shangliang, China's CPPCC chairman, said yesterday in an interview with the securities daily that "there is no timetable for the launch of the International Board".　　In addition, he spoke in the Panel on the 20 anniversary of the development of securities market some of the sentiment and experience, and that the current is a good time to promote market maturity. Shangliang recalls that 20 years ago, the Shanghai Stock Exchange is the world's smallest stock exchange--100 billion market capitalisation, opening the first year of trading volume of 820 million yuan. However, after 20 years of development, the Shanghai stock market is more than 18 trillion yuan, trading volume is 120 billion a day ...

After holding steady for nearly 5 months, the central vote issued interest rate finally on January 7, the issue of the March issue of the central vote reference rate of return than the earlier 4.04 points.　　Analysts said that the central bank to raise interest rates, the aim is to protect the circulation of funds, so as to ease the pressure on capital hedging, the recent 1-year interest rate will also be expected to go up; Interest rate upward to protect the size of the withdrawal after nearly 5 months of silence, the central vote issued interest rate finally again upward. The central bank bulletin shows that the People's Bank in four this week ...