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
...
宣武区| 绵阳市| 广州市| 湘潭市| 聊城市| 收藏| 简阳市| 苍梧县| 甘南县| 敖汉旗| 富顺县| 阿拉善左旗| 宁陵县| 冀州市| 仁化县| 麻阳| 梅州市| 吕梁市| 新丰县| 凉城县| 封开县| 平安县| 乾安县| 黄梅县| 琼中| 诸暨市| 莎车县| 武川县| 平度市| 泸西县| 肥乡县| 盱眙县| 罗田县| 永川市| 甘肃省| 克什克腾旗| 石首市| 屏山县| 安龙县| 哈密市| 黄大仙区|