China's stocks fall to one year low
BEIJING: Chinese shares dropped to their lowest level in almost a year Monday on the back of falls in brokerage and coal mining stocks. The benchmark Shanghai Composite Index slumped 5.07 percent to close at 2,559.93 points while the Shenzhen Component Index fell 5.79 percent to 9,731.72 points. Total turnover rose to 150.61 billion yuan (22.05 billion U.S. dollars) compared with 143.52 billion yuan the previous trading day. Losers outnumbered gainers by 868 to 18 in Shanghai and 918 to 12 in Shenzhen. Brokerages fell hardest Monday after data showed 35 companies that went public this year, or 26.7 percent of all those that went public, had as of Friday fallen below their initial public offering prices. Southwest Securities plunged by the daily limit of 10 percent to 13.69 yuan per share while CITIC Securities, one of China's leading securities companies, dropped 7.97 percent to 19.52 yuan per share. Coal miners also fell heavily Monday. The debt crisis in Greece and the slow economic recovery in the eurozone has dampened demand for crude oil, sending international crude oil prices to a three-month low last Friday. The fall in crude prices prompted stocks of Chinese oil companies and coal miners to slide. Datong Coal Industry Co. slumped 7.6 percent to 32.2 yuan per share while Yanzhou Coal Mining Co. slid 6.9 percent to 19.27 yuan per share. Property shares extended their losses from the previous trading day on concern over policy moves to cool the booming property market. China Vanke Co., the country's largest property developer, retreated 5.3 percent to 6.92 yuan per share while Poly Real Estate, the second largest developer, fell 7.3 percent to 10.1 yuan per share. Auto makers also posted big losses Monday. Shanghai Automobile Industry Corp. slumped 6.9 percent to 16.21 yuan per share while Dongfeng Motor Corp. dropped 8.6 percent to 5.12 yuan per share. All the products are listed as following: Footwear: NikeAF1,Airmax,Shox,Adidas,Timberland,Puma,Gucci,Prada,LV,Chanel,Lacoste,Lebron,Kobe,Rift, Dunk SB, Nike Women Shoes, Nike Children Shoes, Hogan, Obama, Coogi, Bape Star, Adicolor, Ice Cream,Jordan1--Jordan24,Clear Jordan, Jordan Fusion, AJF, Jordan Flight 45,UGG Boots, Etc. Other Products: 1. Bags/Purses : Coach, Chanel, LV, DG, Burberry, Dior, Ed Hardy, Christian, Audigier(CA), Fendi, Guess, Gucci, Prada, Miumiu, Versace,Juicy, Chole, Tous, Cadillac, a,Etc. 2. Caps Hats: ED Hardy, Smet, Coogi, New Era, SF, Bape, AFF, CA, Ke, Etc. 3. T-Shirts: ED Hardy, Affliction, Christian, Audigier(CA), A&F, Lacoste, Armani, Coogi, D&G, G-Star, Evisu, Ad, Polo, Versace, Bape, Rockwear, Sinful, Smet, Gucci, Etc. 4. Hoody/Jacket/Coat: Affliction, A&F, Blac Label, Bape, BBC, Christian Audigier(CA), Coogi, Crystal Rock,CLH,10Deep,D&G,EDHardy,Ecko,Evisu,GGG,Gucci,G-Star,Juicy ,Kidrobot, Kappa, Lacoste, LRG,NY, Polo, Sinful, True Religion, Versace,Adicolor, Armani, Burberry, LV,NF, Prada, Spider, Etc. 5. Jeans&Pants: A&F, True Religion, LRG, Rock, Coogi, D&G,ED Hardy, Christan Audigier, Red Monkey, Affliction, Artful Dodger, Armani, G-Star, Seven, Dsquared, Ect. 6. Hair Straightener/Hair Iron: CHI,GHD,MK4,MK5,Black,Purple,Pink,Kiss,Pure White, Etc. 7. Sunglasses: Armani,Coach,Dior,EDHardy,Versace,LV,Rp,Fendi,Burberry,Cartier,Chanel,Dg,Gucci,Prada,Etc. About Author We are very professional supplier of selling Nike shoes such as Nike or more AirShox,AirMax,Air Jordan,Air Force 1 and so on, We offer grade A quality product only. Our products are authentic quality with original box.And all products displayed on our website are available and have stocks here. We offer very special prices to our customer (price depends on your quantity).Very fast and safety delivery by TNT, DHL OR EMS, we can delivery within 24 hours upon receiving your payment. It is very safe door to door service, never get problems with customs. If you have any questions, please feel free to contact us. We accept small orders! Thank you very much ! fail information, please kindly visit our website: www.footwearfile.com www.yannikeshoes.com www.pickfashion.com Disclaimer: Article submitters are solely responsible for the content of their articles. ArtiLib can't be held liable for the contents of the articles. Report Abuse | Browse By Category |
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