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Gold stocks on the A-share market are likely to shine amid the soaring gold price buoyed by increasing demand from investors who are seeking a refuge in the yellow metal, analysts said.
Gold flies to record as investors seek safety
April consumer prices rose at the fastest clip in 18 months, which could result in banks' reserve ratio being raised in June and interest rates in the next quarter, analysts said.
China's trade surplus nosedived 87 percent from a year earlier to $1.68 billion in April, a drop analysts said will ease the pressure on revaluation of the yuan.
April passenger vehicle sales grew 33 percent over last year, the lowest rate during the past 12 months, indicating that China's booming automobile market has returned to healthy and rational development.
Major Western brands are unlikely to be able to bestride the globe in the same way they have done over the past 100 years or more. Many of the new brands of the future are as likely to come from emerging markets such as China, Brazil, Russia and India as from current developed markets.
A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.
Name | Value | Change | Time |
Shanghai | 2,794.27 | -0.58% | Thur |
Shenzhen | 12,392.93 | -0.26% | Thur |
HSI | 22,530.18 | +0.06% | Thur |
NIKKEI | 10,071.14 | -0.11% | Thur |
Dow | 12,719.49 | +0.74% | Thur |
Nasdaq | 2,872.66 | +1.36% | Thur |