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

Focus of Shanghai-HK connect shifts to Q3-Q4

By Wu Yiyao (China Daily) Updated: 2016-05-30 08:17

Focus of Shanghai-HK connect shifts to Q3-Q4

A man checks share prices on his mobile phone while waiting for his coffee at a Starbucks branch in Beijing July 16, 2015.[Photo/Agencies]

Net capital inflows into the Shanghai stock market reached nine consecutive days last week as offshore investors rode the Shanghai-Hong Kong stock connect channel to buy stocks of companies whose businesses outperformed their share prices.

According to Shanghai Stock Exchange data, capital poured into shares of automakers, resource firms and consumption-driven companies.

Analysts believe net capital inflows into the Shanghai market may be a sign that investors are more confident about the recovery of sectors that suffered due to economic restructuring and slowing growth.

Last week's buying lifted share prices and held out a positive outlook for their performance in the near future.

Net capital inflows into the Shanghai market through the connect mechanism this month have reached 2.5 billion yuan ($381.5 million). Shares of pharmaceutical, healthcare and consumer goods companies were among the best performing ones, according to data of the Securities Journal.

Shares of about 10 consumer electronics makers, rare-earth miners and processors rose more than 2 percent in a single trading day as investors in Hong Kong sought to increase their holdings of Shanghai-listed shares.

Shares in television maker Sichuan Changhong surged the maximum 10 percent on Tuesday, while those in rare-earth provider Ningbo Yunsheng rose 5 percent. However, a research note from Huatai Securities cautioned retail investors against herd mentality as some smaller-cap shares are expected to fluctuate wildly in coming days.

According to Shanghai Stock Exchange data, on average, more than 80 percent of the daily quota for the stock connect between Shanghai and Hong Kong was left unused in the past two weeks. Trading volume shrank in the Shanghai market with only 121 billion yuan recorded on Wednesday, the lowest since Jan 7.

Average Shanghai-bound trading volume through the connect mechanism plunged 35 percent quarter-on-quarter to 3.4 billion yuan per trading day in the January-March quarter, according to Hong Kong stock exchange data.

Researchers said they hold a positive outlook for the A-share market for the second half of this year. For, trading may become more active as investors see opportunities in the shares of companies with stable income and growth.

"On the one hand, the A-share market has slumped more than what the actual economic growth has suffered. On the other, many shares have been undervalued, and they are likely to be re-valued. So, in the next half (of the year), they could rebound to reasonable levels that match the companies' actual business income and profitability," said Qiao Shan, an analyst with Shanghai-based He Zhu Wealth Management Ltd.

Li Bin, chief strategist with Guosen Securities, said a good short-to-medium strategy would be to seek opportunities from those benefiting from the ongoing economic transformation, and macro policy support measures.

 

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一个人看的免费高清视频日本 | 久久影院yy6080 | 韩国美女激情视频一区二区 | 亚洲综合在线观看视频 | 成人亚洲视频在线观看 | 久草在线视频免费播放 | 国产一国产a一级毛片 | 成人男女网18免费91 | 久久久成人网 | 国产成人精品免费视频大 | 一级在线毛片 | 精品亚洲成a人片在线观看 精品亚洲成a人在线播放 | 超清首页 国产 亚洲 丝袜 | 欧美日韩一区二区三区免费 | 99精品久久99久久久久久 | 亚洲日本中文字幕在线 | 一区二区三区视频在线观看 | 国产99久久精品 | 亚洲怡红院在线 | 精品a视频 | 女人张开腿让男人桶视频免费大全 | 欧美视频一区二区三区 | 国产片18在线观看 | 亚洲成人影院在线观看 | 日韩国产在线播放 | 久草在线视频免费资源观看 | 国内亚州视频在线观看 | 久久久国产99久久国产首页 | 国产成人啪一区二区 | 欧美片能看的一级毛片 | 国产在线一区二区三区四区 | 国产成人精品天堂 | 岛国毛片在线观看 | 2019在线亚洲成年视频网站 | 国产精品成人久久久久 | 成人国产精品免费网站 | 美国一级毛片不卡无毒 | 久久国产精品-国产精品 | 欧美成人免费xxx大片 | 中文字幕日韩欧美一区二区三区 | 日韩在线成人 |