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

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
营口市| 梅州市| 乐陵市| 保定市| 青川县| 启东市| 独山县| 浙江省| 九寨沟县| 安阳县| 浑源县| 宁明县| 彩票| 金溪县| 石屏县| 襄汾县| 全南县| 丘北县| 靖州| 永泰县| 隆安县| 英吉沙县| 义乌市| 封丘县| 屏山县| 西吉县| 广宗县| 朝阳市| 平潭县| 霞浦县| 宜阳县| 象州县| 册亨县| 丰原市| 香河县| 扎鲁特旗| 大丰市| 大田县| 芦溪县| 桐庐县| 方正县|