介绍:
The Shanghai Composite Index has closed below the 2-thousand-point mark for the first time in five-and-a-half months.
The decline came after authorities① brought in a trading halt② brought on by an initial③ public offering.
An industrial valve manufacturer, Neway Valve's shares on the Shanghai Stock Exchange opened around 20 percent over the offering price.
Its price then continued upward④ by as much as 32 percent in the morning session, prompting a temporary halt to trading.
The Shanghai benchmark eventually⑤ ended down 0.7 percent to close at 1991 points on Monday.
Eight companies are due to debut in Shenzhen when the market opens this morning.
For more on this, we are joined live on the line by Gao Shang, analyst⑥ with Guantong Futures.
1. authorities 当局
2. halt 停止
3. initial 最初的
4. upward 向上的
5. eventually 最终
6. analyst 分析师
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