久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

China's capital market attracting foreign investors

(Xinhua) Updated: 2014-02-10 09:51

BEIJING - Although China has shown signs of an economic slowdown, foreign institutional investors are still betting on its cheap equity market with potential for big returns.

Qualified Foreign Institutional Investors (QFIIs) opened 45 new A-share accounts in China last December, a monthly record for 2013, the China Security Depository and Clearing Co Ltd said in January.

This marked the 24th consecutive month in which QFIIs have opened accounts in China's A-share markets and brings the total number of accounts to 612.

Foreign investors have to be licensed as QFII or renminbi QFII, two plans created in 2002 and 2011 respectively, allowing qualified investors to trade a limited quota in China's largely isolated capital market.

The State Administration of Foreign Exchange, China's foreign exchange regulator, granted $51.4 billion of investment quotas to 235 QFIIs, and 167.8 billion yuan to 57 RQFIIs as of Jan 27, 2014.

"Many Asian institutional investors are planning to buy our RQFII exchange-traded fund, although the issuance time has not been determined yet," said Ding Chen, CEO of HK-based CSOP Asset Management, the largest RQFII in terms of quota.

Overseas investors, especially those from India, Europe and the Middle East, are eager to buy RQFII products, said an anonymous senior manager of another HK-based investment firm that is about to issue such products.

"They believe that China's capital market is partly undervalued," said the manager.

The Shanghai Composite Index, the benchmark equity index, suffered one of the world's biggest falls last year, with an annual decline of 6.75 percent. Some stocks tumbled heavily.

But Chinese shares rebounded on Friday, the first trading day in the lunar new year, with the Shanghai Composite Index gaining 0.56 percent, and the Shenzhen Component Index climbing 0.58 percent.

Sentiment among firms is recovering.

Nearly 60 percent of 1,734 listed enterprises that have released their preliminary annual reports are optimistic about how they performed last year, with 398 firms estimating that their profits surged by over 100 percent.

China's 2013 GDP growth of 7.7 percent was among the strongest worldwide, despite expansion in the country's economy slowing.

In addition, China aims to ease the access for foreign investors to invest in its capital market.

Administrative approval procedures for QFII qualification and quota shall be eliminated "when conditions are ripe," said Zhou Xiaochuan, China's central bank governor, when attending a financial forum in November.

Marc Desmidt, head of alpha strategies for Asia Pacific at BlackRock Inc, said China is likely to attract more overseas capital to its A-share market, as the country is steadily opening up its capital market to investors worldwide.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产手机精品a | 欧美特级大片 | 欧美日韩在线观看免费 | 欧美精品片在线观看网站 | 日本欧美视频 | 成人丝袜激情一区二区 | 久久视频在线免费观看 | 黄色不卡视频 | 色欲麻豆国产福利精品 | 三级黄色毛片网站 | 亚洲欧美精品国产一区色综合 | 天天操夜夜噜 | 国产小视频在线高清播放 | 日韩毛片免费线上观看 | 女人张开腿让男人捅爽 | 国产99视频精品免视看9 | 一级毛片视频免费观看 | 亚洲国产综合精品 | 自拍视频一区 | 在线观看国产精品一区 | 日韩一级片免费看 | 在线观看免费av网站 | 91大神大战丝袜美女在线观看 | 成人在线免费网站 | 亚洲一区在线视频 | 欧美激情视频一级视频一级毛片 | ⅹxx中国xxx人妖 | 国产精品成人一区二区不卡 | 国产国产成人精品久久 | 亚洲久久网站 | 久久毛片免费看一区二区三区 | 国产精品三区四区 | 综合色久七七综合七七蜜芽 | 久热色| 国产精品福利社 | 日美三级 | 久久精品国产线看观看亚洲 | 97高清国语自产拍中国大陆 | 免费人成网站免费看视频 | 99精品视频在线在线视频观看 | 精品韩国主播福利视频在线观看一 |