Shanghainese craze about buying funds

时间：2007-03-08 02:57:36

（单词翻译:单击）

Chinanews, Shanghai, March 7 – On the early morning of March 6 (about 5:00), many people queued in front of quite a lot of banks in Shanghai to buy the shares of a newly released fund, though the banks would not start their business before 9:00 am.

 

The booming stock market in China has made funds popular among the general public. The fund released on March 6 issued a total of 10 billion yuan, and its quota1 in Shanghai were sold out within minutes. Many people had queued for hours, but were unable to buy any shares at all.

 

“Only very few people in China invest their money on funds, especially compared with developed countries,” said an experienced stock investor2. He doesn't think there are any bubbles in the Chinese economy. “Every stock market has its bubbles, and I believe the rapid economic development in China will support its stock market,” concluded he.

 
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1 quota vSKxV     
n.（生产、进出口等的）配额，（移民的）限额
参考例句：
  • A restricted import quota was set for meat products.肉类产品设定了进口配额。
  • He overfulfilled his production quota for two months running.他一连两个月超额完成生产指标。
2 investor aq4zNm     
n.投资者，投资人
参考例句：
  • My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
  • The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。

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