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

Shenzhen-HK link talk sparks surge

By Emma Dai (China Daily) Updated: 2015-11-05 06:51

Key gauges increase by big margins as new economic blueprint boosts investor confidence

Share prices surged on Wednesday, boosted by reports of a stock connect between Shenzhen and Hong Kong by the end of the year and renewed optimism about China's new economic blueprint.

Market gauges of both Shanghai and Shenzhen rocketed on Wednesday to the highest points in more than two months. The Shanghai Composite Index jumped by 4.31 percent to 3,459.64 points, while the Shenzhen Component Index surged 5.29 percent to 11,884.9 points. ChiNext Index, the NASDAQ-style board of the Shenzhen Stock Exchange, surged by 6.38 percent to 2,584.32 points.

Meanwhile, the Hang Seng Index, the benchmark of Hong Kong stock market, closed at 23,053.57 points, gaining 2.15 percent.

The rally was triggered by speculation that a new stock markets link between Shenzhen and Hong Kong, similar to the Shanghai-Hong Kong Stock Connect, would be set up and running by the end of the year.

Share prices of Hong Kong Exchanges and Clearing Ltd rose by 9 percent to HK$218, before closing at HK$209.2, up 4.7 percent.

"The Shenzhen-Hong Kong Stock Connect program will be launched this year, as a new channel to open China's capital market to the world," Zhou Xiaochuan, governor of the People's Bank of China, the central bank, was quoted as saying in an announcement published on the central bank's website on Tuesday.

However, Hong Kong Exchanges and Clearing Ltd said on Wednesday that the proposed Shenzhen-Hong Kong Stock Connect is still subject to regulatory approval, and no formal agreements have been struck yet.

A spokesperson for the exchange told China Daily that details of the connect depend on further information from the authorities. The capital market will probably need three months of preparation for the launch after the official announcement, she said.

Later on Wednesday, the central bank updated its webpage and said that the published article is an abstract from a speech Zhou made on May 27 this year, prior to the stock market meltdown on the Chinese mainland.

Since June 12, the Shanghai Composite Index has fallen by more than half, plummeting from a high of 5,166 points to the bottom of 2,927 points on August 26.

Ken Peng, Asia Pacific investment strategist of Citicorp International Ltd in Hong Kong, said: "The stock connect speculation appears to be a blunder. However, we are still positive about stock market prospects in the short to mid-term. After the extremely pessimistic September, the market rebound in October happened too fast and many investors missed the chance. Many of them will need to catch up before year end."

Peng said that China's 13th Five-Year Plan for 2016-20, is likely to boost investor confidence in the country's economy as long as the authorities are persistent in pushing forward various reforms. "We continue to focus on reforms of State-owned enterprises and wait for the details to unfold. As economic restructuring carries on in China, we favor consumption and service sectors over the secondary industry for the long term."

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲天堂免费看 | 久久a 热6 | 91精品成人福利在线播放 | 国产精品久久久久久麻豆一区 | 成人免费高清视频 | 国产精品漂亮美女在线观看 | 午夜三级毛片 | 真人一级毛片全部免 | 亚洲国产日韩欧美一区二区三区 | 在线观看的黄网 | 国产美女在线精品亚洲二区 | 国产综合久久久久影院 | 久久欧美精品欧美久久欧美 | 看三级毛片 | 美女一级毛片免费观看 | 亚洲精品不卡午夜精品 | 在线成人欧美 | 99热只有精品一区二区 | 女黄人东京手机福利视频 | 亚洲成a人一区二区三区 | 成人国内精品久久久久影院 | 国产精品久久人人做人人爽 | a欧美在线 | 黄色三级视频在线 | 精品久久久久久影院免费 | 美女131爽爽爽做爰中文视频 | 亚洲国产在 | 日韩免费一级毛片欧美一级日韩片 | 毛片免费观看成人 | 日本三区视频 | 国产欧美在线观看视频 | 九九在线精品视频xxx | 国产九九视频在线观看 | 性欧美17一18sex性高清播放 | 国产系列在线 | 一级做a毛片在线看 | 久久久久18 | 亚洲男人的天堂久久香蕉网 | 久久精品国产亚洲麻豆 | 波野多结衣在线观看 | 黄a网站|