www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Experts endorse short-selling mechanism

(Shanghai Daily)
Updated: 2007-03-08 15:29

China should rev up efforts to introduce short selling to shore up stock-market liquidity and help counter growing share-price volatility, foreign industry experts told a Shanghai conference yesterday.

Allowing securities lending can bolster market size and help curb equity slumps when short sellers start to cover positions, overseas brokers said during the fourth PASLA & RMA annual conference on Asian securities lending.

"I think what we find in mature markets is that securities lending can stabilize prices better," said Richard Steele, vice president at Worldwide Securities Services, Securities Lending & Market Products, at JP Morgan Europe.

"It provides liquidity so that traders can make better prices to investors."

China said late last year it had been studying proposals to let brokers lend money or securities to investors and would push forward when preparations are done. But industry insiders have said the launch of securities lending might face delays as regulators fear spooking the market.

Experts believe securities lending will be extremely helpful to deal with volatility seen in mainland stock markets this year following blistering gains in 2006.

"Securities lending in itself increases liquidity, and it's better for any markets," said Risa Muroi, head of Securities Lending Group Japan at Barclays Global Investors Japan Trust & Banking Co.

"But they (the markets) still need to understand the consequences of the increased liquidity." However, industry insiders said that investors shouldn't be concerned about short sales, which are mainly used in western markets as a hedge against trading risks.

The conference, which runs until tomorrow, was organized by Hong Kong-based Pan Asia Securities Lending Association and the Risk Management Association in the United States.

Many foreign brokers are keen to enter the securities-lending market if Chinese authorities deregulate the business, industry sources said yesterday.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 国产午夜精品理论片 | 久久香蕉国产视频 | 美女国产在线观看免费观看 | 亚洲第一狼人区 | 久草小视频 | 国产三级国产精品国产国在线观看 | 99re最新这里只有精品 | 国产亚洲精品一区二区在线观看 | 亚洲欧美日韩在线线精品 | 毛片免费视频网站 | 欧美aaaa在线观看视频免费 | 久久99久久精品免费思思 | 国产精品福利社 | 亚洲性视频网站 | 在线播放国产真实女同事 | 精品一区二区三区高清免费不卡 | 欧美性色欧美a在线播放 | 男人天堂网在线视频 | 欧美一级毛片免费看视频 | 久草资源在线 | 免费播放特黄特色毛片 | freese×video性欧美丝袜 | 欧美大片一区二区三区 | 国产在线观看免费人成小说 | 九九久久久久午夜精选 | 免费v片在线看 | 精品久久一区二区三区 | 欧美一级毛片免费播放aa | 久久精品久久精品久久 | 草草草在线观看 | 久久久久国产精品美女毛片 | 91久久青青草原免费 | 伊人网在线免费视频 | 在线精品亚洲欧洲第一页 | 一级毛片免费在线观看网站 | 小明日韩在线看看永久区域 | 免费人成在线观看视频不卡 | 免费aⅴ在线 | 午夜毛片不卡高清免费 | 国产一级特黄aaa大片 | 国产小毛片 |