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

Shenzhen-HK connect ready to go

By LI XIANG/DUAN TING | China Daily | Updated: 2016-11-26 06:49

The securities regulators of the Chinese mainland and Hong Kong on Friday announced that the much-anticipated Shenzhen-Hong Kong Stock Connect program will officially launch on December 5, a step to further liberalize the mainland's capital market.

The stock trading link, similar to the existing program between Shanghai and Hong Kong, will allow overseas investors to trade stocks on the Shenzhen Stock Exchange. Mainland investors will also have greater access to the Hong Kong stock market.

The launch of the trading link, a timely move by the regulators, underscored policymakers' desire to continue to open up the Chinese capital market against the backdrop of a weakening currency and rising uncertainties in the global economy, analysts said.

"With Trump elected (as US president) and the yuan facing depreciation pressure, the opening up at this stage shows the regulators' strong confidence in the reform and future performance of the Chinese economy, as well as their strong determination to open up the mainland's capital market," said Cheng Shi, executive director and head of research at ICBC International Research.

In their joint statement on Friday, the regulators of the mainland and Hong Kong said arrangements for transaction settlement, investment quota management and technical preparations for the new trading link were well in place.

The regulators also vowed to strengthen cooperation in cracking down on illegal cross-border market activities.

The regulators in August removed the total investment quota of 550 billion yuan ($80 billion) for the trading link. But there will still be a daily quota of 13 billion yuan for overseas investors to trade Shenzhen-listed stocks. Mainland investors can trade up to 10.5 billion yuan of Hong Kong stocks under the new trading program.

Hong Hao, chief strategist at BOCOM International, said the new program may help boost the value of small and mid-cap stocks with good earnings, given that the Shenzhen market is known as the home of many high-tech and innovative Chinese companies with promising growth potential.

But he warned that much of the good news could already be reflected in the current stock prices, and trading risks could rise in the short term, given that the US dollar will continue to strengthen. This could be negative for asset prices in the Asian markets, he added.

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: 欧美人与zoxxxx另类9 | 欧美成人伊人十综合色 | 国产一级一级 | 午夜在线播放免费人成无 | 一本色道久久88亚洲综合 | 久久久www免费人成看片 | 国产精品黄 | 精品视频在线播放 | 国产精品偷伦费观看 | 国产亚洲一区二区三区在线 | 欧美+日本+国产+在线观看 | 久久久久国产精品 | 欧美日本一区二区三区生 | 九九国产精品九九 | 国产精品一区二区在线观看 | 欧美成人毛片免费网站 | 99激情| 三级网站视频在线观看 | 亚洲精品国产专区一区 | 国产玖玖在线观看 | 日韩午夜片 | 欧美日韩亚洲第一页 | 国产成人综合怡春院精品 | 欧美综合精品一区二区三区 | 亚洲精品天堂自在久久77 | 亚洲欧美视频 | 美国一级毛片片aa免 | 亚洲天堂久久久 | 国产香蕉在线视频一级毛片 | 亚洲黄色软件 | 久久久久国产精品免费网站 | 国产在线视频网址 | 在线观看片成人免费视频 | 国产成人三级经典中文 | 欧美一二区 | 制服丝袜怡红院 | 玖草在线资源 | 亚洲精品亚洲一区二区 | 一级毛片在播放免费 | 日本激情视频在线观看 | 久草资源视频 |