英文： Shenzhen shares close morning sharply higher on govt moves to push up prices
A- and B-share prices closed the morning sharply higher on further indications that the government is launching a program aimed at pushing 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 was followed over the weekend 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 257.64 points higher at 3,438.58 on turnover of 24.02 bln yuan after trading to a high of 3,488.33 and a low of 3,372.79.

The A-share sub-index rose 281.73 points to 3,800.77 after trading between 3,857.75 and 3,731.87.

The B-share sub-index closed 117.88 points higher at 1,445.79 after trading between 1,460.45 and 1,405.32.

Analysts said there had been widespread expectations that the government would step up its efforts to push up share prices after the composite index dropped below a key level at 1,500 points.

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 government is determined to generate a market rally in the run-up to the Communist Party's 16th Congress in autumn.

However, 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, appear to be taking profits as retail investors carry out strong buying.

Angang New Steel closed 0.17 yuan higher at 3.97 on volume of 59.7 mln shares, while Shenzhen Development Bank closed 1.19 yuan higher at 13.10 on 55.3 mln shares.

FAW Car gained 0.46 to 5.73 on 27 mln shares.

Shenzhen SEZ Real Estate rose 1.02 to 11.21 on 21.2 mln shares.

Among B-shares, Chongqing Changan gained 0.3 hkd to 3.28 on 12.4 mln shares, while Shenzhen SEG rose 0.34 to 3.77 on 4.8 mln shares and Guangdong Electric Power rose 0.41 to 5.25 on 7 mln shares.

中文：深圳早上收市 - 減持國(guó)有股叫停 / 深股飆升逾8%
交易員稱, 國(guó)務(wù)院正式宣布終止減持國(guó)有股, 深圳A、B股今早狂 升8.01%及8.88%, 成交激增。

他們指, 種種跡象顯示, 政府決心支撐股市, 激發(fā)投資者入市信心。

深圳證券成分指數(shù)收市升257.64, 報(bào)3,438.58, 成交240.2億人民幣, 波幅介乎 3,372.79至3,488.33。

成分A股指數(shù)收市升281.73, 報(bào)3,800.77, 升幅8.01%, 波幅介乎3,731.87至3,857.75;

成分B股指數(shù)則升117.88, 報(bào)1,445.79, 升幅8.88%, 波幅介乎1,405.32至1,460.45。

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。

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。