June 1,2006, from the International Cotton Advisory Committee: The 2005/06 average Cotlook A Index is projected at 56 cents per pound,8% higher than last season, and market fundamentals suggest that cotton prices may ...June 1,2006, from the International Cotton Advisory Committee: The 2005/06 average Cotlook A Index is projected at 56 cents per pound,8% higher than last season, and market fundamentals suggest that cotton prices may increase further in 2006/07. World cotton production is expected to remain stable at 25 million tons, while demand is展开更多
8. Ji Daiyu, General Manager of Baotou Xinyuan RareEarth Hi-Tech Materials Co. LtdControl gross to stabilize prices. Chinese rare earth is precious strategic resource. The more it is exploit, the less it will be. The ...8. Ji Daiyu, General Manager of Baotou Xinyuan RareEarth Hi-Tech Materials Co. LtdControl gross to stabilize prices. Chinese rare earth is precious strategic resource. The more it is exploit, the less it will be. The State has put forward rare earth policy of "strengthen management, protect resource, develop scientifically and face international". Chinese rare展开更多
China’s government should continue taking measuresto prevent "structural price rises" from becoming "obviousinflation", said Wang Yiming, an expert from the
The idea of this study is derived from observing the profitability of stock investments following the phenomena of continuously rising(or falling)prices of stocks and continuously overbought(or oversold)signals emitte...The idea of this study is derived from observing the profitability of stock investments following the phenomena of continuously rising(or falling)prices of stocks and continuously overbought(or oversold)signals emitted by technical indicators.We employ the standard event study approach and technical trading strategies to explore whether investors would exploit profits in trading the constituent stocks of the Korea Composite Stock Price Index 50 and Shanghai Stock Exchange 50 when the aforementioned continuous phenomena occur.We find that both the Korean and Chinese stock markets are not fully efficient;this finding may enhance the robustness of the existing literature.In addition,we reveal that contrarian strategies are appropriate for the trading stocks listed on the Korean stock market for all the cases investigated in this study.However,momentum strategies are appropriate for the Chinese stock market when continuously rising stock prices and overbought signals are simultaneously observed.These findings imply that the difference in investor behaviors between the Korean and Chinese stock markets might result in dissimilar trading strategies being employed for these two markets.展开更多
Hotel rates rose by just 0.8% year-on-year on a global level in the second quarter of 2007,according tO the Hotels.com Hotel Price lndex.but in Europe year-on-year prices rose 5.2%.In contrast,there was a small rise o...Hotel rates rose by just 0.8% year-on-year on a global level in the second quarter of 2007,according tO the Hotels.com Hotel Price lndex.but in Europe year-on-year prices rose 5.2%.In contrast,there was a small rise of 0.6% in Asia,whilst prices in the US and the Rest of the World fell.展开更多
The rapid rise of leverage in Chinese household sector in recent years has attracted considerable attention,and high housing prices might be the main reason for the phenomenon.Do different house-buying motivations of ...The rapid rise of leverage in Chinese household sector in recent years has attracted considerable attention,and high housing prices might be the main reason for the phenomenon.Do different house-buying motivations of households give an impetus to it?Researching this problem is of great importance to understand mechanisms for the formation of household leverage and taking targeted housing policies.Theoretical analysis in this paper fi nds that if house-buying motivation that was speculative was quite obvious,rising housing prices would result in the leverage of non-fi rst-house(NFH)households outpacing that of first-house(FH)households.On this basis,we conducted empirical analysis with a state-owned bank’s all housing mortgage loan data on 70 large and medium-sized cities for 2016 and the IV(instrumental variables)and DID(differences-in-differences)methods,and compared the two types of households from the inter-city and intra-city dimensions.The result showed that rising housing prices indeed drive up the debt balance and leverage of NFH households significantly more than those of FH households.Furthermore,our research found that a rise in housing prices has prompted NFH households to be more inclined to make the most use of mortgage policies with no substantial housing difference.To curb excessive leverage increase in the household sector,therefore,apart from regulating high expectations of housing prices,there should be stepped-up credit constraints on NFH households,thus restricting their behavior of excessive speculation.展开更多
文摘June 1,2006, from the International Cotton Advisory Committee: The 2005/06 average Cotlook A Index is projected at 56 cents per pound,8% higher than last season, and market fundamentals suggest that cotton prices may increase further in 2006/07. World cotton production is expected to remain stable at 25 million tons, while demand is
文摘8. Ji Daiyu, General Manager of Baotou Xinyuan RareEarth Hi-Tech Materials Co. LtdControl gross to stabilize prices. Chinese rare earth is precious strategic resource. The more it is exploit, the less it will be. The State has put forward rare earth policy of "strengthen management, protect resource, develop scientifically and face international". Chinese rare
文摘China’s government should continue taking measuresto prevent "structural price rises" from becoming "obviousinflation", said Wang Yiming, an expert from the
文摘The idea of this study is derived from observing the profitability of stock investments following the phenomena of continuously rising(or falling)prices of stocks and continuously overbought(or oversold)signals emitted by technical indicators.We employ the standard event study approach and technical trading strategies to explore whether investors would exploit profits in trading the constituent stocks of the Korea Composite Stock Price Index 50 and Shanghai Stock Exchange 50 when the aforementioned continuous phenomena occur.We find that both the Korean and Chinese stock markets are not fully efficient;this finding may enhance the robustness of the existing literature.In addition,we reveal that contrarian strategies are appropriate for the trading stocks listed on the Korean stock market for all the cases investigated in this study.However,momentum strategies are appropriate for the Chinese stock market when continuously rising stock prices and overbought signals are simultaneously observed.These findings imply that the difference in investor behaviors between the Korean and Chinese stock markets might result in dissimilar trading strategies being employed for these two markets.
文摘Hotel rates rose by just 0.8% year-on-year on a global level in the second quarter of 2007,according tO the Hotels.com Hotel Price lndex.but in Europe year-on-year prices rose 5.2%.In contrast,there was a small rise of 0.6% in Asia,whilst prices in the US and the Rest of the World fell.
基金funded by the“Research on Risk Prevention and Supervision Relating to High Economic Leverage in China in the Context of Economic Transformation in the New Age”(18VSJ073)—the National Social Science Fund of China key special program aimed at researching and expounding the spirit of the 19th National Congress of the Communist Party of Chinathe“Research on Audit Supervision and Early-Warning over Macroeconomic Risk in a Big-data Environment”(71950010)—the National Natural Science Fundation of China special programand the“Research into the Cause of High Leverage of Chinese Families and Its Macroeconomic Effects:From the Perspective of Family Heterogeneity”(116020204002)—the double fi rst-rate doctor program of the Institute of Chinese Financial Studies,SWUFE.
文摘The rapid rise of leverage in Chinese household sector in recent years has attracted considerable attention,and high housing prices might be the main reason for the phenomenon.Do different house-buying motivations of households give an impetus to it?Researching this problem is of great importance to understand mechanisms for the formation of household leverage and taking targeted housing policies.Theoretical analysis in this paper fi nds that if house-buying motivation that was speculative was quite obvious,rising housing prices would result in the leverage of non-fi rst-house(NFH)households outpacing that of first-house(FH)households.On this basis,we conducted empirical analysis with a state-owned bank’s all housing mortgage loan data on 70 large and medium-sized cities for 2016 and the IV(instrumental variables)and DID(differences-in-differences)methods,and compared the two types of households from the inter-city and intra-city dimensions.The result showed that rising housing prices indeed drive up the debt balance and leverage of NFH households significantly more than those of FH households.Furthermore,our research found that a rise in housing prices has prompted NFH households to be more inclined to make the most use of mortgage policies with no substantial housing difference.To curb excessive leverage increase in the household sector,therefore,apart from regulating high expectations of housing prices,there should be stepped-up credit constraints on NFH households,thus restricting their behavior of excessive speculation.
