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

US EUROPE AFRICA ASIA 中文
Business / Markets

Mainland, HK unveil cross-border trading plan for stocks

By XIE YU in Shanghai (China Daily) Updated: 2014-04-11 01:08

A plan to allow cross-border stock trading between the Hong Kong and Shanghai stock markets was presented on Thursday, the mainland's latest move to open up its capital markets.

The trial will begin in six months and enable dealers to invest in designated shares through local securities firms or brokers, the China Securities Regulatory Commission said in a statement with the Securities and Futures Commission of Hong Kong.

Mainland, HK unveil cross-border trading plan for stocks

Chinese shares 'too cheap to ignore': HSBC 

Mainland, HK unveil cross-border trading plan for stocks

China regulates preferred stocks information disclosure 

"It is an important step in the opening up of China's capital market and will enhance capital market connectivity between the mainland and Hong Kong," it said.

The pilot program allows a maximum cross-border investment of 550 billion yuan ($90 billion). Investors in Shanghai and Hong Kong will be able to buy and sell up to 23.5 billion yuan of stocks in certain companies each day on each other's exchanges under the program.

Premier Li Keqiang said at the Boao Forum for Asia that the plan "will enable us to expand market access, foster a better business environment to unleash greater dividends of reform, spark social creativity and stabilize market expectations".

The Shenzhen Stock Exchange has not yet been included in the program.

Hong Kong and foreign investors will be allowed to buy as much as 13 billion yuan a day in Shanghai-listed stocks through the Hong Kong market.

Mainland investors, which will be limited to institutions and individuals holding at least 500,000 yuan in their stock and cash accounts, will be able to purchase up to 10.5 billion yuan daily in Hong Kong-listed stocks through the Shanghai bourse.

Some analysts said the program will lift the Hong Kong stock market thanks to increased investment because many mainland investors are interested in buying H-shares — mainland companies listed in Hong Kong — but have been previously restricted from doing so.

"Trade volume in the Hong Kong stock market will be largely boosted," said Oliver Meng Rui, a professor at the China Europe International Business School in Shanghai.

He said the quota is significant to Hong Kong because it accounts for almost a quarter of the current daily turnover.

Rui said many mainland investors will try to diversify their portfolio by purchasing Hong Kong-listed stocks through the program.

As Hong Kong shares are denominated in the Hong Kong dollar, it helps investors to reduce risks of holding only renminbi assets, he added.

Mainland, HK unveil cross-border trading plan for stocks Mainland, HK unveil cross-border trading plan for stocks
 China's CSI300 index in biggest loss in 7 months

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 手机免费在线看毛片 | 女人张开腿让男人捅的视频 | 国产欧美一区二区三区免费 | 日韩欧美视频在线一区二区 | 极品丝袜高跟91白沙发在线 | 国产精品视频男人的天堂 | 国产成人啪精品视频免费网 | 视频一二三区 | 欧美资源在线观看 | 日韩在线视频观看 | 一级色黄| 全国男人的天堂网站 | 模特精品一区二区三区 | 真人真实毛片免费观看 | 欧美成人免费午夜全 | 日产毛片 | 欧美人成片免费看视频不卡 | 欧美一级三级 | 亚洲精品久久久久中文字幕一区 | 亚洲人成网站在线观看播放 | 欧美三级 欧美一级 | 国内一级特黄女人精品片 | 欧美亚洲免费 | 久久亚洲精品成人综合 | 最近手机中文在线视频 | 中文字幕无线码中文字幕网站 | 久久草在线看 | 宫女淫春 | 高清成人爽a毛片免费网站 高清大学生毛片一级 | 伊人一级 | 国产成人午夜精品免费视频 | 国产欧美日韩精品高清二区综合区 | 一级a性色生活片久久毛片 一级a做爰片欧欧美毛片4 | 中文字幕 亚洲精品 第1页 | 一级做性色a爰片久久毛片免费 | 亚洲精品一区最新 | 亚洲欧美v视色一区二区 | 高清国产一区 | 午夜在线观看cao | 日韩美女强理论片 | 黄色a网站 |