Orchid speculation heating up

时间：2007-05-19 06:23:37

（单词翻译:单击）

Chinanews, Beijing, May 18 – Over the past month, many places in China, including Yunnan, Hubei, Zhejiang, Jiangsu and Beijing, held many orchid1 exhibition activities. Many precious strains of orchids2 on display were sold at high prices, some for one million yuan each and some for even 10 million yuan each. It seems that the orchid speculation3 activities are heating up, CCTV international channel reported.

 

This reporter recently paid a visit to Yunnan, where most orchids grow in China. When the reporter arrived in Yunnan, it was raining. Despite cool weather, orchids were sold like hot cakes. Businesspeople from many part of the country came to the orchid market early in the morning despite the rain, hoping to find some rare strains.

 

“I came from Sichuan and I have spent over 100,000 on orchids,” a Sichuan businessperson said.

 

“I have invested more than 5 million yuan in buying orchids. I keep these orchids at home and will sell them when the price goes up. If the price doesn’t go up, I will grow them at home and bide4 my time, ” a merchant from Guizhou told this reporter.

 

Although orchid selling price has gone down a little bit recently, prices of the valuable strains still remain high. One orchid, the Five Golden Flower, is still sold at over 100,000 yuan. Another orchid, the Phoenix5 Tail, was once sold at 4 million yuan at the auction6 market. In Yunnan, such strain is still sold at more than 2 million yuan now. For some other rare strains, it might be impossible to get one no matter how much one is willing to pay.

 

Not only in Yunnan, in the Dabieshan mountain areas in Hubei, Sichuan, Guizhou, and even Gansu, many businesspeople are speculating in orchid sales. In March this year, a precious strain was sold at 1.3 million yuan. In Wenzhou, Beijing and Zhengzhou, valuable strains, which were sold at more than 1 million yuan each, were out of stock at exhibitions. The latest information from China Orchid Association shows that over the past two months, the number of people trading in orchids increased from 3 million to 3.5 million.

 
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1 orchid b02yP     
n.兰花，淡紫色
参考例句：
  • The orchid is a class of plant which I have never tried to grow.兰花这类植物我从来没种过。
  • There are over 35 000 species of orchid distributed throughout the world.有35,000多种兰花分布在世界各地。
2 orchids 8f804ec07c1f943ef9230929314bd063     
n.兰花( orchid的名词复数 )
参考例句：
  • Wild flowers such as orchids and primroses are becoming rare. 兰花和报春花这类野花越来越稀少了。 来自《简明英汉词典》
  • She breeds orchids in her greenhouse. 她在温室里培育兰花。 来自《简明英汉词典》
3 speculation 9vGwe     
n.思索，沉思；猜测；投机
参考例句：
  • Her mind is occupied with speculation.她的头脑忙于思考。
  • There is widespread speculation that he is going to resign.人们普遍推测他要辞职。
4 bide VWTzo     
v.忍耐；等候；住
参考例句：
  • We'll have to bide our time until the rain stops.我们必须等到雨停。
  • Bide here for a while. 请在这儿等一会儿。
5 phoenix 7Njxf     
n.凤凰，长生(不死)鸟；引申为重生
参考例句：
  • The airline rose like a phoenix from the ashes.这家航空公司又起死回生了。
  • The phoenix worship of China is fetish worship not totem adoration.中国凤崇拜是灵物崇拜而非图腾崇拜。
6 auction 3uVzy     
n.拍卖；拍卖会；vt.拍卖
参考例句：
  • They've put the contents of their house up for auction.他们把房子里的东西全都拿去拍卖了。
  • They bought a new minibus with the proceeds from the auction.他们用拍卖得来的钱买了一辆新面包车。

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