Trading in newly launched Beijing Stock Exchange sees downward trend

ANI
25 Nov 2021, 02:18 GMT+10

Hong Kong, November 24 (ANI): Beijing Stock Exchange, which recently opened for business has been witnessing a continuous decline in the trading volume.

The Beijing Stock Exchange (BSE) started trading on November 15, marking a key step in China's efforts to deepen capital market reform and support small businesses, Xinhua reported.

Hong Kong local media has informed that till November 23, the one-day trading of the Beijing Stock Exchange was only one-third of the amount left, a loss of about 67 per cent from the transaction amount as compared to November 15.

In response to the downward trend in the Chinese economy, Premier Li Keqiang convened a meeting on November 22 with local officials in Shanghai.

Meanwhile, the General Office of the State Council of the Communist Party of China issued a document calling for greater efforts to help small and medium-sized enterprises and encourage local governments to arrange relief funds.

A few days ago, the International Monetary Fund (IMF) also released its annual report on the Chinese economy and pointed out that risk are increasing in China's economy. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Afghanistan Sun.

More Information

null in null

International

Section

Mexican gang crashes into prison, flees with nine inmates

MEXICO CITY, Mexico: A Mexican gang crashed vehicles into a Mexican jail this week, in a successful bid to free ...

Laos-China railway begins operating in December

VIENTIANE, Laos: A railway connecting Laos and China will begin operations, though significantly adding to Laos' debt burden.The railway line, ...

Robot company will pay $200,000 for human faces for use on robots

PERM KRAI, Russia: Tech company Promobot is planning the launch of a new line of human-looking robots, but first they ...

Man discovers rare deep sea fish on San Diego beach

SAN DIEGO, California: Californian Jay Beiler was recently walking on San Diego's Black's Beach when he saw a disturbing-looking fish ...

US man sentenced to prison for buying luxury auto with Covid funds

HOUSTON, Texas: On Monday, a Texas man, Lee Price III, was sentenced to over nine years in prison after fraudulently ...

One-third sized Taj Mahal built by Indian as home for wife

NEW DELHI, India: An Indian man, Anand Prakash Chouksey, 52, has built a smaller replica of the famed 17th century ...

Central Asia

Section

Movie Review

The Hero (Nayak)

Hero