People's record high enthusiasm for shares and funds

时间：2007-03-30 06:45:44

（单词翻译:单击）

Chinanews, Beijing, Mar1. 30 – Chinese public are more willing to put their money in the securities markets. The People’s Bank of China on Wednesday publicized a survey report about depositors in cities. The report shows that during the first quarter of 2007, people’s enthusiasm for shares and funding products hit historical new highs. In particular, the proportion of funds has reached a record high level among all types of financial products that depositors have.

 

The report shows that although most Chinese still regard saving as the major form to manage their financial assets, the proportion of people who stuck to this traditional view had declined for three consecutive2 quarters last year. In the first quarter of 2007, such proportion even has reached 59.4%, the lowest point since 1999.

 

The bullish stock market has made many people to withdraw their savings3 from banks and put them into the stock markets. As a result, residents savings have continued to drop, the People’s Bank of China explained.

 

The survey shows that of all the major financial products that residents have, the proportion of “stocks” has risen two percentage points, and the proportion of funding products has risen at an even faster speed, from 10% during the last quarter to the present 16.7%, 6.7 percentage points more than the last quarter and 12.7 percentage points more than the same period last year. Such percentage points also hit a new historical record ever since the investigation4 was kicked off in 1999.

 

In light of the current commodity prices and interest rates, 30.3% of the respondents think it is most suitable to use their money to buy shares or funds now. The proportion of people holding such views has increased by 11.7 percentage points compared with the previous quarter, and also hit a historical new high.

 
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1 mar f7Kzq     
vt.破坏，毁坏，弄糟
参考例句：
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
2 consecutive DpPz0     
adj.连续的，联贯的，始终一贯的
参考例句：
  • It has rained for four consecutive days.已连续下了四天雨。
  • The policy of our Party is consecutive.我党的政策始终如一。
3 savings ZjbzGu     
n.存款，储蓄
参考例句：
  • I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时，他的存款已全部用完。
4 investigation MRKzq     
n.调查，调查研究
参考例句：
  • In an investigation,a new fact became known, which told against him.在调查中新发现了一件对他不利的事实。
  • He drew the conclusion by building on his own investigation.他根据自己的调查研究作出结论。

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