中国券商誓要维稳股市

 　　A group of 21 Chinese stock brokerages have announced plans to step in to -quote- "firmly stabilize¹" the country's stock market.

　　They're vowing² to spend at least 120 billion yuan, or close to 20-billion U.S. dollars, on "blue chip" stocks in the A-share market this coming week.

　　The brokerages have promised not to sell-off their purchases until the Shanghai Stock Exchange gets back to 45-hundred points.

　　Guo Shuhua, securities analyst³ with First Capital, says the move is much-needed in China at the moment.

　　中国券商誓要维稳股市

　　"The new move at this time is designed to stabilize the current fluctuations⁴ in the stock market and reverse a vicious cycle. But we know this won't happen within one or two trading. But with more policies coming out, the downward pressure should finally ease, allowing the stock market to rise once again."

　　Shanghai closed out the trading week on Friday down nearly 5.8-percent to end at 3686.

　　This is well below the psychologically important 4-thousand mark where the market was around 3-months ago.

　　Shanghai spiked⁵ to a 7-year high 3-weeks ago at around 52-hundred before beginning a massive downturn, which has seen it lose around 30-percent of its value in less than a month.

　　The move by China's main brokerages is the latest move in an attempt to break the market's three-week losing skid⁶.

　　The People's Bank of China has already lowered both the interest rate and reserve requirement ratio for banks to inject liquidity⁷ into the market.

　　Both the Shanghai and Shenzhen exchanges have cut their transaction fees by around 30-percent.

　　The number of IPO's is also going to be cut back.

　　Securities regulators have also relaxed rules on margin⁸ trading, which will allow retail⁹ investors¹⁰ more flexibility¹¹ in making trades.

　　At the same time, the China Securities Regulatory Commission says its investigating possible market manipulation.

　　The CRSC is demanding more accurate media reporting connected to the downturn of the A-share market.

　　The call follows a series of online reports which have suggested a number of traders have killed themselves and their families.

　　The CRSC's Zhang Xiaojun says police have determined¹² these reports are false.

　　"I want to remind the mass media and news staffers to adhere to the accuracy of news and abide¹³ by your professional ethics¹⁴. Stop publishing and spreading groundless rumors¹⁵ and information. We would prefer you work to tell people about the right information when it comes to the markets, so that the markets themselves will continue in a healthy path."

　　Meanwhile, the China Securities Finance Corporation, the exclusive government-run lender for margin trading in China, is being bolstered¹⁶ with more capital, going from 24-billion yuan to 100-billion.

　　People's Bank of China governor Zhou Xiaochuan has also issued a statement in an attempt to reassure¹⁷ the markets, saying the PBOC plans to "hold fast" so as not to allow any systemic risks to China's overall economy.

　　The China Securities Regulatory Commission is demanding more accurate media reporting connected to the downturn of the A-share market.

　　The call follows a series of online reports which have suggested a number of traders have killed themselves and their families.

　　The CRSC's Zhang Xiaojun says police have determined these reports are false.

　　"I want to remind the mass media and news staffers to adhere to the accuracy of news and abide by your professional ethics. Stop publishing and spreading groundless rumors and information. We would prefer you work to tell people about the right information when it comes to the markets, so that the markets themselves will continue in a healthy path."

　　Meanwhile, the China Securities Finance Corporation, the exclusive government-run lender for margin trading in China, is being bolstered with more capital, going from 24-billion yuan to 100-billion.

　　People's Bank of China governor Zhou Xiaochuan has also issued a statement in an attempt to reassure the markets, saying the PBOC plans to "hold fast" so as not to allow any systemic risks to China's overall economy.

1 stabilize   

vt.（使）稳定，使稳固，使稳定平衡；vi.稳定

参考例句：

• They are eager to stabilize currencies.他们急于稳定货币。
• His blood pressure tended to stabilize.他的血压趋向稳定。

2 vowing   

起誓，发誓（vow的现在分词形式）

参考例句：

• President Bush is vowing to help Minneapolis rebuild its collapsed bridge. 布什总统承诺将帮助明尼阿波利斯重建坍塌的大桥。
• President Bush is vowing to help Minneapolis rebuild this collapse bridge. 布什总统发誓要帮助明尼阿波利斯重建起这座坍塌的桥梁。

3 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

4 fluctuations   

波动，涨落，起伏( fluctuation的名词复数 )

参考例句：

• He showed the price fluctuations in a statistical table. 他用统计表显示价格的波动。
• There were so many unpredictable fluctuations on the Stock Exchange. 股票市场瞬息万变。

5 spiked   

adj.有穗的；成锥形的；有尖顶的

参考例句：

• The editor spiked the story. 编辑删去了这篇报道。 来自《简明英汉词典》
• They wondered whether their drinks had been spiked. 他们有些疑惑自己的饮料里是否被偷偷搀了烈性酒。 来自辞典例句

6 skid   

v.打滑 n.滑向一侧；滑道 ，滑轨

参考例句：

• He braked suddenly,causing the front wheels to skid.他突然剎车，使得前轮打了滑。
• The police examined the skid marks to see how fast the car had been travelling.警察检查了车轮滑行痕迹，以判断汽车当时开得有多快。

7 liquidity   

n.流动性，偿债能力，流动资产

参考例句：

• The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
• The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。

8 margin   

n.页边空白；差额；余地，余裕；边，边缘

参考例句：

• We allowed a margin of 20 minutes in catching the train.我们有20分钟的余地赶火车。
• The village is situated at the margin of a forest.村子位于森林的边缘。

9 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

10 investors   

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

11 flexibility   

n.柔韧性，弹性，（光的）折射性，灵活性

参考例句：

• Her great strength lies in her flexibility.她的优势在于她灵活变通。
• The flexibility of a man's muscles will lessen as he becomes old.人老了肌肉的柔韧性将降低。

12 determined   

adj.坚定的；有决心的

参考例句：

• I have determined on going to Tibet after graduation.我已决定毕业后去西藏。
• He determined to view the rooms behind the office.他决定查看一下办公室后面的房间。

13 abide   

vi.遵守；坚持；vt.忍受

参考例句：

• You must abide by the results of your mistakes.你必须承担你的错误所造成的后果。
• If you join the club,you have to abide by its rules.如果你参加俱乐部，你就得遵守它的规章。

14 ethics   

n.伦理学；伦理观，道德标准

参考例句：

• The ethics of his profession don't permit him to do that.他的职业道德不允许他那样做。
• Personal ethics and professional ethics sometimes conflict.个人道德和职业道德有时会相互抵触。

15 rumors   

n.传闻( rumor的名词复数 )；[古]名誉；咕哝；[古]喧嚷v.传闻( rumor的第三人称单数 )；[古]名誉；咕哝；[古]喧嚷

参考例句：

• Rumors have it that the school was burned down. 有谣言说学校给烧掉了。 来自《简明英汉词典》
• Rumors of a revolt were afloat. 叛变的谣言四起。 来自《简明英汉词典》

16 bolstered   

v.支持( bolster的过去式和过去分词 )；支撑；给予必要的支持；援助

参考例句：

• He bolstered his plea with new evidence. 他举出新的证据来支持他的抗辩。 来自《现代英汉综合大词典》
• The data must be bolstered by inferences and indirect estimates of varying degrees of reliability. 这些资料必须借助于推理及可靠程度不同的间接估计。 来自辞典例句

17 reassure   

v.使放心，使消除疑虑

参考例句：

• This seemed to reassure him and he continued more confidently.这似乎使他放心一点，于是他更有信心地继续说了下去。
• The airline tried to reassure the customers that the planes were safe.航空公司尽力让乘客相信飞机是安全的。