-
(单词翻译:双击或拖选)
The stock-market plunge1 on Monday ended a six-day rally that followed government efforts to arrest the freefall that wiped nearly a third off the value of the market since mid-June.
Shares nosedived with the benchmark Shanghai Composite Index plunging2 8.5 percent, its worst single-day loss in eight years.
The smaller Shenzhen Component3 Index tumbled 7.6 percent. Nearly 2-thousand shares fell by the 10-percent daily limit.
Shortly after the closing bell, China's securities regulator urged its financial arm, China Securities Finance Corporation, to continue to buy stocks and stabilize4 the market.
Analysts6 struggled to explain the severity of the sell-off, which accelerated sharply in the afternoon session, long after investors8 had had time to digest the latest economic releases.
However, the 35-year-old investor7 Tan Minghui, who has experienced the recent market turmoil9, is one of those who remains10 optimistic about the markets.
中国股市昨创8年来最大跌幅
"The market dropped a lot not too long ago, so now I have an immunity11 and am not especially anxious. I think the markets have reached their lows; there is not much space for further decrease, that's my personal opinion. I think it would rebound12 back after dropping."
Also on Monday, China's securities regulator said it has ordered investigations13 into another two companies for clues on margin14 lending activities through unofficial channels.
Following leads from the previous probe on Hangzhou-based financial software company Hundsun Technologies, the regulator has sent investigators15 to Shanghai Ming Chuang Techonology and Hithink RoyalFlush Information Network.
In early June, the Shanghai composite had risen by 152 percent compared to the previous July and nearly 60 percent since the beginning of the year.
But market conditions turned and, along with tightened16 regulation on margin trading, triggered a massive sell-off that saw the index plunge over 30 percent from its peak.
Although the government has stepped in with a string of stabilizing17 policies, market confidence seems hard to restore.
点击收听单词发音
1 plunge | |
v.跳入,(使)投入,(使)陷入;猛冲 | |
参考例句: |
|
|
2 plunging | |
adj.跳进的,突进的v.颠簸( plunge的现在分词 );暴跌;骤降;突降 | |
参考例句: |
|
|
3 component | |
n.组成部分,成分,元件;adj.组成的,合成的 | |
参考例句: |
|
|
4 stabilize | |
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定 | |
参考例句: |
|
|
5 analyst | |
n.分析家,化验员;心理分析学家 | |
参考例句: |
|
|
6 analysts | |
分析家,化验员( analyst的名词复数 ) | |
参考例句: |
|
|
7 investor | |
n.投资者,投资人 | |
参考例句: |
|
|
8 investors | |
n.投资者,出资者( investor的名词复数 ) | |
参考例句: |
|
|
9 turmoil | |
n.骚乱,混乱,动乱 | |
参考例句: |
|
|
10 remains | |
n.剩余物,残留物;遗体,遗迹 | |
参考例句: |
|
|
11 immunity | |
n.优惠;免除;豁免,豁免权 | |
参考例句: |
|
|
12 rebound | |
v.弹回;n.弹回,跳回 | |
参考例句: |
|
|
13 investigations | |
(正式的)调查( investigation的名词复数 ); 侦查; 科学研究; 学术研究 | |
参考例句: |
|
|
14 margin | |
n.页边空白;差额;余地,余裕;边,边缘 | |
参考例句: |
|
|
15 investigators | |
n.调查者,审查者( investigator的名词复数 ) | |
参考例句: |
|
|
16 tightened | |
收紧( tighten的过去式和过去分词 ); (使)变紧; (使)绷紧; 加紧 | |
参考例句: |
|
|
17 stabilizing | |
n.稳定化处理[退火]v.(使)稳定, (使)稳固( stabilize的现在分词 ) | |
参考例句: |
|
|
18 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
参考例句: |
|
|
19 futures | |
n.期货,期货交易 | |
参考例句: |
|
|