国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Shenzhen-HK stock link 'likely in second quarter': UBS

By Li Xiang (China Daily) Updated: 2016-04-28 07:10
Shenzhen-HK stock link 'likely in second quarter': UBS

Premier Li Keqiang said in March that the central government will seek to launch the Shenzhen-Hong Kong Stock Connect this year.[Photo/IC]

The Chinese mainland will likely announce the launch of the much-anticipated stock trading link between the Shenzhen and Hong Kong exchanges in the second quarter of the year, further opening the mainland's stock market to overseas investors, a senior analyst at UBS Securities said on Wednesday.

If the link is launched this year, it would mean that about 70 percent of market capitalization of the A shares will be available to overseas investors who already gained access to the mainland market through the existing Shanghai-Hong Kong Stock Connect, said Gao Ting, chief China equities strategist at UBS Securities.

The link will broaden investors' stock selection in the mainland as the Shenzhen market, unlike Shanghai, is home to many high-tech, innovative companies and private firms with high growth potential, Gao said.

"The trading link will increase the investment opportunities for overseas investors in sectors including healthcare, consumption, material and information technology," he said at a news conference in Beijing.

Premier Li Keqiang said in March that the central government will seek to launch the Shenzhen-Hong Kong Stock Connect this year.

Bloomberg reported earlier citing people familiar with the matter that the launch of the trading link may be announced before July. It quoted a spokesman for the Hong Kong Exchanges & Clearing Ltd as saying that a preparatory period of three to four months will be needed following the announcement of regulatory approval.

While overseas investors can already invest in the mainland's stock market under the Qualified Foreign Institutional Investors program, the launch of the Shenzhen-Hong Kong Stock Connect still holds symbolic significance as it will signal a further opening of the capital market, analysts said.

Zhao Wenli, an analyst at China Merchants Securities (HK) Co Ltd, said in a research note that good quality and reasonably priced small and mid-cap stocks under the trading link will attract greater attention from foreign investors.

Hot Topics

Editor's Picks
...
昌黎县| 华坪县| 白朗县| 苍梧县| 南澳县| 朝阳县| 祥云县| 宜兴市| 通道| 荆州市| 静乐县| 井研县| 蚌埠市| 青海省| 桐庐县| 昌都县| 龙江县| 梓潼县| 大港区| 泗水县| 堆龙德庆县| 潍坊市| 都江堰市| 大丰市| 建始县| 迭部县| 怀仁县| 常州市| 大田县| 洞口县| 会理县| 西乡县| 涞水县| 枣强县| 松江区| 集贤县| 四平市| 苍南县| 诏安县| 寿光市| 闽清县|