Stockholders earn 2 trln yuan in securities market

时间：2007-04-26 09:06:52

（单词翻译:单击）

Chinanews, Chengdu, Apr. 25 – Chinese securities market entered into a bullish market starting from last year. From book value, Chinese stockholders assets have increased by at least 2 trillion yuan. Many stockholders have made a fortune from stock trading, Tianfu Morning Paper reported.

 

The paper carried out a survey last week. In the survey, 90% of the stock buyers said they had earned some money from the securities market. However, over 90% of the people who had earned money did not plan to use the money for consumption. Instead, they reinvested the money into the securities market, hoping to earn more. In light of this, the consumption boom, which often occurs in other countries after the country experienced a bullish stock market, may not occur in China.

 

Last year, the Shanghai and Shenzhen stock indexes increased by 130%. By last week, such indexes were up by another 30%. Two years ago, when the stock market index fell below the 1,000-mark, total capitalization in Shanghai and Shenzhen stock markets was only 3 trillion yuan, while the total negotiable market capitalization was only 1 trillion yuan. Last week, however, total capitalization reached 14.7 trillion yuan and the total negotiable market capitalization reached 4.7 trillion yuan. Excluding the new stocks factors, the total negotiable market capitalization increased by at least 2 trillion yuan in the past two years.

 

“I put all of my savings1 into the stock market,” said Zhang Yuqiang, who works in a state-owned enterprise.

 

Zhang earns 3,000 yuan every month and his wife earns 1,500 yuan. The couple now spend 800 yuan for food and other daily expenditure2 and put all the rest of the money into the stock market. Last year, the couple earned 100,000 yuan from stock trading, which they then reinvested in the stock market.

 

Like Zhang, many investors3 actually did not withdraw the money they earned from the stock market. Instead, they continue to make investment.

 
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1 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。
2 expenditure XPbzM     
n.(时间、劳力、金钱等)支出；使用，消耗
参考例句：
  • The entry of all expenditure is necessary.有必要把一切开支入账。
  • The monthly expenditure of our family is four hundred dollars altogether.我们一家的开销每月共计四百元。
3 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会

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