The value of China's publicly offered REITs market may amount to 1 trillion yuan (1 billion) or more, and exceed 5 trillion yuan if commercial properties are also allowed as underlying assets of REITs in China, said a report from China International Capital Corp Ltd.
The white paper stressed China's position that the management of the Arctic shipping routes should be conducted in accordance with treaties including the UNCLOS and general international law.
The upward and downward trading limits will be 5 percent, with the trading limits on the first trading day set at 10 percent of the benchmark prices.
The up-and-down of the market suggests risky assets are in the middle of a recovery that may take days or weeks to play out, The Wall Street Journal reported.
The whole world is watching.
The underwhelming performance of large-cap companies seems to have halted the bull rally on the A-share market for the time being, said industry experts. Share prices of China's top alcohol brand Kweichow Moutai dropped by 1.1 percent to 1,625 yuan per share on Tuesday. The baijiu maker's latest fiscal report showed that it posted slower-than-expected growth in quarterly profit during the third quarter of this year. Joyoung Co Ltd, a leading Chinese home appliance maker, saw its share prices fall by 10 percent on Tuesday, after reporting lackluster third quarter results.
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The village has 3,200 hectares of planted tea, which has lifted the previously poor village out of poverty, with per capita annual income topping 36,000 yuan last year.
The upsized package will total 117.1 trillion yen (.086 trillion), with fiscal measures making up less than half of it, a draft reviewed by Reuters showed. Some 25.7 trillion yen will be funded by an extra budget for the fiscal year from April 1, compared with an initial extra budget worth 16.8 trillion yen.
The weeklong visit to the country by Nixon, who also stopped for meetings in Beijing and Hangzhou, Zhejiang province, was the first made by a US president to the People's Republic of China, the first key step in normalizing relations between the two countries.
The verification is required by many employers in China, especially public institutions.