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
Chinese shares 'too cheap to ignore': HSBC

Shanghai seeks new board for innovative industries

Lu Wenjie, an H-share strategist at UBS Securities, said the pilot program will also help buoy up mainland stocks.

Regardless of the bad performance of the mainland's A-share market over the past few years, there are still some "good-quality" stocks attractive to offshore investors, he said.

"Some consumption and machinery stocks are only available in the A-share market, and I believe their value will draw the attention of foreign investors," Lu said.

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 

He added that the trial program will discourage speculation and help create a healthy investment environment that centers on value.

The benchmark Shanghai Composite Index surged by 1.38 percent to 2134.3 at its close on Thursday, with brokerages leading the rally.

The gauge index that traces brokerage companies soared by 6.7 percent. China CITIC Securities, the nation's biggest brokerage in market value, grew 9.74 percent.

In Hong Kong, the Hang Seng Index jumped 1.5 percent, hitting its highest close since Jan 2. CITIC Securities gained 9.2 percent and Haitong Securities rose by 7.5 percent.

"It is for sure good news for securities companies, as commission income is to expand largely with the new rule facilitating cross-border stock trading," Rui said.

Li Fei, an independent financial commentator, said the pilot scheme will create new investment channels for the renminbi, helping internationalize the currency.

It will also consolidate Hong Kong's position as an offshore renminbi center, he said.

Jiang Shu, a foreign exchange analyst at Industrial Bank in Shanghai, echoed the view.

"This is a step in China's gradual liberalization of its capital account," he told AFP.

"The authorities will definitely pay close attention to the capital flows between Shanghai and Hong Kong and introduce supportive regulatory measures."

Currently, overseas investors can invest in Shanghai and Shenzhen only through a qualified foreign institutional investors program, or QFII, that grants quotas for A-share investment.

QFII quotas had reached $53.4 billion, and the RQFII quota — which allows foreign institutional investors to use the renminbi to invest in the mainland rather than the US dollar — had reached 200.5 billion yuan by the end of March, according to the State Administration of Foreign Exchange.

Agencies contributed to this story

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: 久久99国产精品久久 | 99久久免费看国产精品 | 久草福利资源网站免费 | 亚洲国产一区二区三区四区五区 | 国产成人毛片亚洲精品不卡 | aaa级毛片| 99精品在线视频观看 | 日本一级爽毛片在线看 | 国产在线欧美日韩精品一区二区 | 一级毛片黄片 | 国产日产欧美精品一区二区三区 | 韩国三级日本三级香港三级黄 | 韩国毛片基地 | 欧美一级在线观看播放 | 精品久久久久久乐 | 日本vs欧美一区二区三区 | 精品免费久久 | a一级特黄日本大片 s色 | 成 人色 网 站 欧美大片在线观看 | 99国产精品久久久久久久成人热 | 久久综合中文字幕一区二区 | 久久黄网 | 91日韩精品天海翼在线观看 | 国产成人咱精品视频免费网站 | 成人国产欧美精品一区二区 | 亚洲男人a天堂在线2184 | 国产精品亚洲综合 | 99免费在线播放99久久免费 | 精品在线网站 | 亚洲男人的天堂网 | 国产精品福利午夜h视频 | 亚洲视频欧美视频 | 欧美日韩永久久一区二区三区 | 俺来也俺来也天天夜夜视频 | 日本在线免费视频 | 欧美黄网站免费观看 | 国产高清美女一级a毛片久久 | 亚洲成人黄色片 | 国产欧美日韩在线视频 | 黑人边吃奶边扎下面激情视频 | 国产欧美日韩精品a在线观看 |