USEUROPEAFRICAASIA 中文双语Français
Home / Goings On

Impact of quake may be modest

By Jin Jing | China Daily | Updated: 2008-05-14 07:40

SHANGHAI: The earthquake in Sichuan province on Monday raised some concern in the mainland stock market, but is not expected to have too much of an impact on individual companies' performances and investor sentiments.

Although the full extent of the damage is still unclear, analysts said they expect earnings of companies in infrastructure, transportation, electricity and tourism industries in Sichuan and Chongqing, such as Sichuan Minjiang Hydropower Co Ltd, will take a mild hit.

The Shanghai and Shenzhen stock exchanges yesterday temporarily suspended trading of 66 listed companies based in Sichuan and Chongqing as a precautionary measure.

Impact of quake may be modest

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US