英文： Shenzhen shares close sharply higher on market-boosting package
A- and B-share prices closed sharply higher in heavy trade in response to further indications that the government is launching a major program apparently aimed at ramping up share prices, dealers said.

Shares gained sharply on Friday following publication of an editorial in the official China Securities Journal which was apparently aimed at boosting investor confidence and was seen by many as confirmation of rumours that the government is implementing a ten-point package aimed at driving share prices higher.

This has since been followed by the publication of a similar editorial on Saturday, as well as the publication of reports that the government has given up a plan to sell off state shares via the stock market and the publication of provisional regulations raising the threshold for listed companies seeking to launch additional share offers.

All of these actions appeared to confirm the rumours of a ten-point market-boosting package, they said.

The component A- and B-share index closed 297.17 points or 9.34 pct higher at 3,478.12 on turnover of 36.23 bln yuan after trading to a high of 3,488.33 and a low of 3,372.79.

The A-share sub-index rose 326.06 points or 9.3 pct to 3,845.10 after trading between 3,857.75 and 3,731.87.

The B-share sub-index closed 132.54 points or 9.98 pct higher at 1,460.45 after trading between 1,460.45 and 1,405.31.

Analysts said there had been widespread expectations that the government would step up its efforts to ramp up share prices after the composite index dropped below a key support level at 1,500 points, raising the risk that the market's weak fundamentals would force a sharp correction.

Many investors consider 1,500 points the market's policy bottom amid a belief that the government is not prepared to allow prices to correct below that level.
Some analysts said they believe the implementation of fresh market-boosting measures was motivated by a need to generate a market rally and create a general ly positive atmosphere in the run-up to the Communist Party's 16th Congress in autumn.

Others said the government may merely be seeking to heighten the market's ability to channel funds to cash-strapped state enterprises, and noted that institutions, who tend to take a longer-term view of stock investment, appeared to be taking profits as retail investors carried out strong buying.

They also said the government may be preparing the market for the launch of several huge A-share offers by Hong Kong-listed companies including China Unicom, PetroChina and China Southern Airlines.

Shenzhen Development Bank closed 1.19 yuan higher at 13.1 on volume of 57.6 mln shares, while Angang New Steel closed 0.38 higher at 4.18 on 14 mln shares.
FAW Car rose 0.53 to 5.8 on 34.6 mln shares.

China Vanke gained 1.19 to 13.09 on 22.7 mln shares.

Among B-shares, Guangdong Electric Power rose 0.48 hkd to 5.32 on 12.9 mln shares, while Chongqing Changan gained 0.3 to 3.28 on 15.3 mln shares.

Bengang Steel Plates rose 0.3 to 3.32 on 9.9 mln shares.

中文：深圳全日收市- 擱置國(guó)有股減持 / A、B股齊急升逾9%
交易員稱, 國(guó)務(wù)院正式宣布暫停減持國(guó)有股, 顯示政府著意托市 , 投資者積極入市, A、B股收市急升, 全日交投暢旺。 他們指, 種種跡象顯示, 政府決心支撐股市, 激勵(lì)投資者入市信心。

上周市場(chǎng)傳出政府將推出托市10招, 其后《中國(guó)證券報(bào)》周五發(fā)表頭版評(píng)論, 強(qiáng)調(diào)中國(guó)市 場(chǎng)屬「新興」及「轉(zhuǎn)軌」市場(chǎng), 被視為*有意為股市造勢(shì)的證明, A、B股周五已偷步急 速上揚(yáng)。

到了周末, 媒體再刊類似評(píng)論, 財(cái)政部及中國(guó)證監(jiān)也隨即宣布, 停止在國(guó)內(nèi)證券市場(chǎng)執(zhí)行 《減持國(guó)有股籌集社會(huì)保障資金管理暫行辦法》中, 關(guān)于利用證券市場(chǎng)減持國(guó)有股的規(guī)定 , 并不再推出具體的實(shí)施辦法。

深圳證券成分指數(shù)收市升297.17, 報(bào)3,478.12, 升幅達(dá)9.34%, 成交362.3億人民幣, 波幅 介乎3,372.79至3,488.33。

成分A股指數(shù)收市升326.06, 報(bào)3,845.10, 升幅9.3%, 波幅介乎3,857.75至3,731.87;

成分B股指數(shù)升132.54, 報(bào)1,460.45, 升幅9.98%, 波幅介乎1,460.45至1,405.31。

部分分析員預(yù)料, 在今秋中共16大前, *仍會(huì)推動(dòng)股市向上。

深發(fā)銀升1.19人民幣, 報(bào)13.1, 成交5,760萬(wàn)股; 鞍鋼新軋升0.38, 報(bào)4.18, 成交1,400萬(wàn) 股。