实用英语听力:BBC新闻——中国股市取消熔断机制
来源: 环球网校 2016-02-15 10:12:49 频道: 实用英语

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  Hello, I am Jerry Smit with the BBC News.

  Shares on Chinese main stock market have fluctuated sharply inthe hours of trading since the country's security's regulatorlifted the safety mechanism introduced to prevent sharp falls.The market in Shanghai opened more than 2%higher, but thenlost its initial gains. From Beijing Steve Evens. "Under what’s called the circuit breaker, marketsimmediately shut when there was a big fall in prices. But that just pushed investors into sell modemore quickly. After two market closure this week, the authorities ended the mechanism. OnFriday, share prices went up and down, but not into the downward spiral that was feared. On topof that, the Chinese authorities seem to be intervening in currency markets to prevent furtherdevaluation of the Yuan. The immediate effect of all the measures is more stability than earlier inthe week. It's impossible to tell what will happen in longer term."

  【key point】

  fluctuate:波动

  spiral :螺旋式的

  currency :货币

  intervene:干预

  devaluation :贬值

  stability :稳定

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