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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Markets up after Trump election victory

By LI XIANG | China Daily | Updated: 2016-11-11 06:21

Markets up after Trump election victory

Stock investors watch market information at a brokerage house in Nanjing, Jiangsu province, Nov 10, 2016. [Photo/IC]

Stocks declined on news of poll success, but recovered as focus moved to fundamentals

Chinese stocks rallied on Thursday as investors' sentiment recovered quickly from the initial panic selling triggered by Donald Trump's victory in the US presidential election.

Analysts said that investors would soon refocus on economic fundamentals and will start assessing the long-term impact of Trump's victory on the US economic policy.

The benchmark Shanghai Composite Index rose by 1.37 percent to close at 3171.28 points. The Hang Seng Index in Hong Kong rebounded by 1.89 percent from a three month low to close at 22839.11. The US market also more than recovered, with the S&P up 1.1 percent on Tuesday, despite large fluctuations in overnight stock futures.

Fund managers said they will continue to look at the economic fundamentals rather that short-term events such as the result of the US election to guide their investment strategies.

"I continue to maintain my long-term approach and am focused on the fundamentals in China, namely an uptrend in corporate earnings in Q3 2016, a cyclical improvement in economic growth and policy efforts focused on addressing the Chinese housing market," said Ning Jing, a portfolio manager of China Focus Fund at Fidelity International.

"The Chinese A-share market could prove to be a defensive ground," Ning said.

Despite the temporary selloff immediately following Trump's victory, globally markets bounced back sharply as investors quickly shifted their focus to Trump's policy, including possible tax cuts and the expansion of fiscal spending for big infrastructure projects to spur growth.

While offering limited details of his economic agenda, Trump said in his victory speech that the US will double its growth and have "the strongest economy anywhere in the world". He also pledged to create more jobs by rebuilding infrastructure.

Zheng Mingang, an analyst at Dongxing Securities, said that Trump is very unlikely to bring "disruptive changes" in the US economic policy and his stance on fiscal policy will be a new focus for investors to follow closely.

"His fiscal policy, especially the greater spending on infrastructure will likely be a strong stimulus for the US economy. It is also expected that the US will likely accelerate the process of interest rate hikes, which could mean more pressure on the renminbi exchange rate," Zhang said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲精品国产一区二区在线 | 正在播放国产精品放孕妇 | 理论片我不卡在线观看 | 二区视频在线 | 久青草免费视频手机在线观看 | 欧美午夜免费毛片a级 | 毛片在线看网站 | 久久久久久久国产高清 | 久久精品国产亚洲综合色 | 欧美白人和黑人xxxx猛交视频 | 台湾三级在线播放 | 九九视频在线 | 欧美一级在线免费观看 | 香蕉国产人午夜视频在线观看 | 岬奈一区二区中文字幕 | 久久精品国产精品亚洲毛片 | 国产一成人精品福利网站 | 日韩一级a毛片欧美区 | 国产在线欧美日韩精品一区二区 | 高清视频 一区二区三区四区 | 亚洲综合网址 | 88av视频| 日韩三级黄 | 国产成人啪精品视频免费网 | 日本不卡在线一区二区三区视频 | 色综合在 | 国产美女做爰免费视频软件 | 一区二区三区视频免费观看 | 成人综合在线视频免费观看 | 扒开双腿猛进入爽爽在线观看 | 99久久国产综合精品国 | 欧美成人高清免费大片观看 | 亚洲成a v人片在线观看 | 特级淫片日本高清视频 | 国产亚洲视频在线播放大全 | 国产2页| 天天视频一区二区三区 | 亚洲福利视频一区二区三区 | 国产亚洲福利精品一区二区 | 禁止18周岁进入免费网站观看 | 国产成人免费视频精品一区二区 |