Eric had an
aversion to getting up early.
埃里克十分讨厌早起。
Dogs are an
aversion of hers.
狗是她讨厌的东西。
Housework is her pet
aversion.
她最讨厌做家务。
A number of external factors such as global economic uncertainties will lead to rising risk aversion among investors, causing global gold prices to continue fluctuating during the second half, Song said.
Zhang said that Chinese companies are behaving in more robust fashion, focusing on sustainable development and risk aversion.
Banking institutions should, under regulatory guidance, both prevent pro-cyclical amplification of risks and avoid excessive risk aversion, noted Pan Gongsheng, deputy governor of the PBOC.
Investors with rising risk aversion were also concerned about the quality of property developers' balance sheets, said Zeng Yu, chief bond analyst at China Securities.
According to Zhang Xu'an, CEO of Yixin Group, young consumers, especially those born after 1985, have no such aversion to debt as their parents.
The successive crisis of Credit Suisse and other banks has led to market concerns over the stability of the European banking system, further escalating the risk aversion in the market and increasing the market appetite for traditional risk-hedging assets such as gold, said Zhao.
Global monetary tightening and recent risk events in the banking industry within the United States and Europe have intensified risk aversion sentiment, which has propped up the US dollar and led to two-way fluctuations of the renminbi lately, the statement said.
Ming Ming, chief economist of CITIC Securities, said the US banking industry's crisis has intensified the risk aversion sentiment in the market.
Ever since the Russia-Ukraine crisis broke out, risk aversion sentiment has drastically escalated worldwide.
Underpinning the strong yuan has been investors' risk aversion as well as China's stable economic fundamentals, buoyed export growth, and contained inflation that safeguards the currency's purchasing power, said Wang Youxin, a senior researcher with Bank of China.
Exchange rate equilibrium is a market result that can reflect participants' expectations, risk aversion and the demand of liquidity.
An equilibrium of exchange rate is a market result which can reflect participates' expectations, risk aversion and the demand of liquidity.
The rising risk aversion of banks and weaker investment demand might have constrained the growth of new loans, said analysts, because recent headwinds-power shortages, floods in some provinces and the continued grip of the COVID-19 pandemic-might dampen economic momentum.
Other factors that can fuel fluctuations in the foreign exchange market include the bursting of asset bubbles and the return of cross-border capital flows to the US along with rising risk aversion.
"China's bond market has shown strong resilience and certain features of risk aversion," said Zou.
Fourth, investors' relatively high risk aversion will underpin the demand for the low-risk tranches of debt assets.
Against that backdrop, risk factors may lead to a rise in risk aversion and threaten financial stability, which can affect the global economy.
Against the backdrop, risk factors may lead to a rise of risk aversion and threaten the financial stability, which can affect the global economy.
In May, escalating global trade tensions and uncertainty surrounding Brexit boosted the market sentiment of risk aversion, pushing up the dollar index as well as global bond indexes, she said on Monday.
"In addition, PE fund managers are more professional in handling M&A deals and more experienced in risk aversion than industrial investors," he said.
Speaking of the recent downtrend of China's A-share market, Xue said uncertainty in economic and financial policies has raised investors' aversion to risky assets such as stocks.
That partly reflected increased risk aversion by banks.
An uncertain global economic outlook accompanied by escalated trade tension could further drive investors' risk aversion and lead to a retreat of investment, said the central bank report.
E Yongjian, an analyst with Bank of Communications, attributed the weakening of the yuan mainly to a stronger US dollar backed by US economic recovery, the US Federal Reserve's interest rates hike earlier this month, easing policies of European and Japanese central banks and risk aversion sparked by concerns over a worsening trade friction.
"We are seeing sell-offs across the board as risk aversion is rising amid the jitters in Italy and Trump's new play on trade," Linus Yip, a strategist at First Shanghai Securities, was quoted by Bloomberg as saying.