Erwin Budiawan

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Erwin Budiawan

Postby dmt1997325 » 2018-07-11 09:05

" Investor smiles at a securities brokerage in Fuyang city Cheap Nike Air Presto Womens , East China's Anhui province, May 11, 2015. [PhotoIC]
The saying that ""bravery never goes out of fashion"" sounds familiar in ChiNext, a Nasdaq-style index tracking growth enterprises listed on the Shenzhen Stock Exchange, as rallies have pushed its average market price-earnings ratio to more than 100 times.

The measure soared 110 percent since beginning of the year as of Monday, beating the 34 percent increase of the benchmark Shanghai Composite Index by afar. The latter has an average market multiples of no more than 22 times.

""It's OK to be expensive as long as your call is right"", said Xun Yugen, chief strategist of Haitong Securities Cheap Nike Air Presto White , the country's second-largest brokerage, in a note on Tuesday, adding that ChiNext stocks will play a leading role in the market bull.

Bull or bubble?

The ChiNext rallied 5.8 percent on Monday, with only two stocks edging down and more than 90 jumping by the daily limit of 10 percent. The transaction value surged to a record high of 170 billion yuan ($27.4 billion).

""The ChiNext is like real estate stocks between 2005 and 2007,"" said Xun, adding that first-quarter report reveals funds significantly overweighted telecommunication, media and technology (TMT), as well as healthcare Cheap Nike Air Presto Ultra Flyknit , compared to the weightings in the CSI 300 index, a gauge of Shanghai- and Shenzhen-listed shares.

Banking information system provider Amarsoft became the first stock in China that edged over 400 yuan. Its share closed at 427 yuan on Monday, up 6.6 percent.

Another ChiNext stock Guangdong QTone Education, an application and information service provider for fundamental education, surged 7.7 percent to 408.8 yuan.

However, as gains are surging, so is fear. China Business News cited a manager of a Shenzhen-based hedge fund, saying it's time to downweight the ChiNext Cheap Nike Air Presto SE Woven , for he fears a bubble burst like what Nasdaq experienced in 2000. ""The measure has surged to above 3,000, and it's too crazy.""


SYDNEY, Dec. 11 (Xinhua) -- Australia's employment rate rose 0. 1 percent in November, the Australian Bureau of Statistics (ABS) announced on Thursday, however, the 6.3 percent unemployment rate still represents a 14-year high.

The number of people employed increased by 42,700 in November Cheap Nike Air Presto Safari , however, 40,800 of these positions were only part time jobs, the ABS said.

The boost in employment was driven by increased part-time employment for females (up 36,400) and full-time employment for males (up 23,300) offset by a fall in female full-time employment (down 21,400). Total full-time employment increased by only 1,800 positions.

The seasonally adjusted number of people unemployed increased by 4 Cheap Nike Air Presto QS ,700 to 777,700 in November, the ABS reported.

GENEVA, Sept. 28 (Xinhua) -- The UN Refugee Agency UNHCR on Thursday revealed that it has received a report of a tragedy in the Bay of Bengal in which 14 Rohingya refugees are believed to have drowned when their boat capsized on Thursday.

UNHCR said that the boat was very close to shore when it capsized, and the bodies of the 14 people were recovered on Inani Beach, a sharp coral stone beach south of Cox's Bazar.

There are also unconfirmed reports that a second boat is missing, UNHCR added.

Among the dead UNHCR said that there were five girls, four boys and five women.

"It is saddening that refugees fleeing violence drowned in sight of the land and safety they were desperately searching for Cheap Nike Air Presto Mid Utility ," said UNHCR's Director for the Asia and Pacific region, Indrika Ratwatte, adding that the number of women and children involved highlights "how the most vulnerable are often the most affected in these tragedies."

According to the latest figures issued by the UN migrant agency IOM, since Aug. 25 when violence broke out in Rakhine State of Myanmar, an estimated 480,000 people have crossed into Cox's Bazar of Bangladesh.

Lanzhou-Chongqing railway to open to traffic on Sept. 29

Ceremonies held around China to celebrate birthday of Confucius

Wild animals in China's Qilianshan National Nature Reserve

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Four pandas from SW China make debut in NE China's Shenyang

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JAKARTA Cheap Nike Air Presto Mens , May 27 (Xinhua) -- The international football organization, FIFA, has asked Indonesia to terminate freezing on the country' s national football association of PSSI or to face a sanction from FIFA, Indonesian official said here on Wednesday.

Erwin Budiawan, deputy chairman of PSSI said that the statement was made based on report of scores of PSSI officials, including chairman of PSSI, La Nyalla Mattalitti, visiting FIFA headquarters now.

"According to FIFA Cheap Nike Air Presto high , there is only one way to escape Indonesia from sanction, it is to revoke the decision to freeze PSSI," Erwin Budiawan, deputy chairman of PSSI said at parliament building after hearing with lawmakers here.

The FIFA gives deadline to end the conflict at the PSSI on May 29.

"We have asked the Commission III (of the parliament) to push the sport minister to revoke his policy," Erwin said.

Based on report of PSSI delegation, Erwin said that a draft of sanction has been prepared for Indonesia.

"FIFA asked the policy on the freezing to be revoked. Should it be conducted before May 29, we will escape from sanction," he said.

Indonesian national soccer league was terminated after the issuance of the Indonesian Youth and Sport Ministry policy on the freezing on April 18 as the ministry sees many mafia on the management of the PSSI league.

SHANGHAI Cheap Nike Air Presto fleece , Dec. 28 (Xinhua) -- The Shanghai Free Trade Zone Equity Inve.
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