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Spanish cyclist Samuel Sanchez, who won the gold medal in the men's road race in the 2008 Beijing Olympic Games has been suspended following a positive drugs tests, the International Union of Cycling (UCI) has announced.


The UCI confirmed the test result in a press communiqué explaining Sanchez ""was notified of an Adverse Analytical Finding (AAF) of GHRP-2* in a sample collected in the scope of out-of-competition control on 9 August 2017.""


""The doping control was planned and carried out by the Cycling Anti-Doping Foundation (CADF), the independent body mandated by the UCI Charles Tapper Jersey , in charge of defining and implementing the anti-doping strategy in cycling.""


""In accordance with UCI Anti-Doping Rules, the rider has been provisionally suspended until the adjudication of the affair,"" meaning 39-year-old Sanchez will not compete for the BMC team in the Vuelta de Espana (Tour of Spain) cycling race due to start on Saturday.


Sanchez has denied drug taking, saying his lawyers had told him ""not to make declarations because we have to wait for the tests on the B sample.""


""This is an adverse result Bo Scarbrough Jersey , not a positive,"" he said, adding ""I am 39 years old, I have been cycling for 19 years Mike White Jersey , why would I do that?""

" Investors monitor stock prices at a securities company’s outlet in Shanghai in this file photo. Mainland investors appear cool so far on today’s launch of the Shanghai-Hong Kong Stock Connect scheme. — Zhang Suoqing

TODAY’S launch of the stock connect scheme allowing Shanghai and Hong Kong investors to trade on each other’s bourse will be a mostly one-way street, with foreign money pouring into China’s mainland, but little to entice mainland cash southward for now.


Overseas stock exchanges have long been hoping to attract a share of the mainland’s massive personal deposits — worth 50.4 trillion yuan (US$8.2 trillion) in September — but mainland investors have been unmoved.


They showed scant enthusiasm for the Qualified Domestic Institutional Investor program, which lets Chinese citizens buy shares in foreign companies through mutual funds Dalton Schultz Jersey , most of them focused on the United States.


“Despite the upswing in the US (markets), we haven’t seen distinct improvement in demand for QDII products,” said Howhow Zhang, fund analyst at Z-Ben Advisors in Shanghai. Analysts estimate that only 25-35 percent of the available QDII quota has been sold to mainland investors.


Punters cool to stock linkup


Domestic punters appear similarly cool on the connector.


“There are around 3 million retail investors who are eligible for the (stock connect) program Dorance Armstrong Jr. Jersey , given the minimum asset requirement,” said Lu Wenjie, China equity analyst at UBS in Shanghai, citing official data from the exchanges.


“So far only 2 percent of them have signed up.” The percentage of those with the intention to trade is much lower.


The Chinese government set an asset requirement for mainland investors into Hong Kong at 500 Michael Gallup Jersey ,000 yuan in securities and cash deposits, while the China Household Finance Survey published in 2013 found the average Chinese urban resident had 2.4 million yuan in net assets. And many suspect that understates their actual wealth, thanks to widespread tax evasion.


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