皇冠体育app

/ Mosaic

Shares edge up, led by financials, property

皇冠体育app Daily | Updated: 2009-06-18 08:09

Shares edge up, led by financials, property

The mainland stocks rose, led by financial companies, after Vice-Premier Li Keqiang reiterated the government won't tighten lending conditions and 皇冠体育app Business News said real estate investment trusts may be permitted.

"Li's comments reassured the market," Li Shaoming, a Beijing-based property analyst at 皇冠体育app Jianyin Investment Securities Co, said. "The introduction of real estate investment trusts will provide property companies with another financing avenue."

The Shanghai Composite Index gained 34.1, or 1.2 percent, to 2810.12 at the close, reversing an earlier drop of 1.2 percent.

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 皇冠体育app 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

Registration Number: 130349
FOLLOW US