The China Securities Regulatory Commission last week unveiled rules allowing 50 blue-chip stocks on the Shanghai bourse to raise funds by selling preferred shares under a trial. abercrombie brasil SHANGHAI stocks advanced to a three-month high today, led up by property developers and financials, as investors turned away from small caps and flocked to blue chips.

The data also showed China's producer price index, which measures wholesale inflation, fell 2.9 percent year on year in May, marking the 15th straight month of decline and the steepest drop in seven months, pointing to continued weak market demand. http://www.contag.org.br/search.php?camisetas-abercrombie/ At the same time, the central bank was signaling its displeasure with the "shadow banking" market - a gray area estimated at between 20 to 40 trillion yuan (US$3.2 to 6.5 trillion), where unregulated lending is aimed at making profit, not creating productivity.