男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Markets

Slump in home market drags down US-traded Chinese stocks

By Dai Tian (chinadaily.com.cn) Updated: 2016-01-05 11:24

Slump in home market drags down US-traded Chinese stocks

A screen displays the Dow Jones Industrial Average as a trader passes by on the floor after the closing bell at the New York Stock Exchange August 25, 2015. [Photo/Agencies]

US-traded Chinese stocks would have wanted a better start of the year, as shares edged down on Monday in part dragged by the slump in their home market.

JD.com, China's second-biggest online retailer, plunged by a record 8.5 percent to $29.53, while Alibaba Group Holding fell 5.6 percent to $76.69. Other boutique ecommerce platform Vipshop Holdings and Jumei International Holding tumbled 8 and 5.2 percent respectively.

China's travel booking site Qunar Cayman Islands Ltd sank 16.7 percent to $43.96 per American depositary receipt on Monday, after founder Chenchao Zhuang left his position as chief executive officer and more airline companies cut ties with the company.

Selling in A-share market has sparked concerns overseas. A Bloomberg gauge of the most-traded Chinese companies listed in the US sank 4.6 percent, also the most since August, according to the news agency.

Trading in mainland on the first day of the year closed earlier than expected, as a 7 percent slump of Shanghai- and Shenzhen-listed blue chips triggered circuit breaker mechanism. The benchmark Shanghai Composite closed at 3,296.26, down 6.9 percent, while the Shenzhen Component Index halted at 11,626.04, down 8.2 percent on Monday.

Market analysts attributed the plunge in part to China's lower-than-expected manufacturing activity.

The Caixin General China Manufacturing Purchasing Managers' Index (PMI), an indicator of manufacturing activity, edged down to 48.2 in December from 48.6 in November, according to the latest survey conducted by financial information service provider Markit.

Starting from this year, trading of mainland stocks, index futures and options will be suspended for 15 minutes when the CSI 300, which tracks some of the largest-cap stocks in Shanghai and Shenzhen, fluctuates by 5 percent. Trading will be halted for the remainder of the day when the index moves by 5 percent after 2:45 pm or 7 percent at any time during the trading session.

The circuit-breaker mechanism aims to check abnormal price swings.

The S&P 500 edged down 1.5 percent to 2,012.66 as of Monday closing, while the Dow Jones Industrial Average lost 1.6 percent, to 17,148.94. The Nasdaq Composite Index fell 2.1 percent

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 五寨县| 通辽市| 大兴区| 邛崃市| 通化市| 镇雄县| 车致| 济宁市| 海丰县| 抚宁县| 大余县| 新民市| 于都县| 辉县市| 金堂县| 紫金县| 固镇县| 丰镇市| 西充县| 年辖:市辖区| 云和县| 商都县| 略阳县| 化州市| 长沙市| 桂平市| 中江县| 佛山市| 泌阳县| 高邮市| 青州市| 阿拉善盟| 黄石市| 高密市| 客服| 拉萨市| 体育| 米泉市| 武强县| 若羌县| 田东县|