日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Uptrend ahead for A shares in H2

By Cai Xiao | China Daily | Updated: 2018-07-17 09:30
Share
Share - WeChat
China's economic fundamentals are better than in 2015 and 2016, and the yuan has got rid of unilateral fluctuations. [Photo/VCG]

China's A shares are poised for better days ahead and the weakness on Monday was only a temporary blip, experts said.

Equities had fallen on Monday after sentiment waned on economic uncertainties. However, experts still expect the A-share market to show robustness in the second half of the year.

National Bureau of Statistics data released on Monday showed GDP increased 6.7 percent in the second quarter compared to a year earlier. That was down slightly from the 6.8 percent year-on-year growth reported in the previous quarter.

The benchmark Shanghai Composite Index fell by 0.61 percent to 2814.04 points, with financial, real estate and airline shares leading the decline. The Shenzhen Component Index closed 0.10 percent lower at 9317.36 points. The ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, declined by 0.10 percent to close at 1616.91 points.

China Pacific Insurance (Group) Co Ltd plunged by 2.94 percent. China Construction Bank Corp and Industrial and Commercial Bank of China Ltd all declined by more than 2 percent.

Communication equipment company shares posted gains after Chinese telecoms gear-maker ZTE Corp hit the daily increase limit. Hangzhou Freely Communication Co Ltd and Wenzhou Yihua Connector Co Ltd all saw their share prices rise by the daily maximum of 10 percent.

"China's economic expansion slowed in line with expectations, and conditions will be weaker in the second half as China is carrying out deleveraging moves, and the trade conflict between the US and China is uncertain," said Gao Ting, head of China market strategy at UBS Securities.

"But China's A-share market will probably see an upward trend in the second half, as we believe the US and China will both be rational and China's consumption market has huge potential," Gao said.

Dai Kang, chief strategist at GF Securities, said foreign investors have shown strong interest in A shares as their valuations have been very attractive.

"China's economic fundamentals are better than in 2015 and 2016, and the yuan has got rid of unilateral fluctuations," Dai said.

Using stock connect programs, northbound funds-that is, international investors that target stocks listed in Shanghai and Shenzhen through Hong Kong-pumped 14.9 billion yuan ($2.2 billion) into the prized shares in the past month.

China's sovereign wealth fund has expressed a desire to invest in the domestic market as stock valuations have hit multiyear lows, underscoring how coming home could bring new opportunities to boost returns.

The $941 billion China Investment Corp is seeking permission to invest in local shares and bonds, and has laid the groundwork for an application to the central government, according to Bloomberg.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
CLOSE
 
主站蜘蛛池模板: 香蕉视频网站在线 | 日韩一区欧美二区 | 婷婷久久综合 | 亚洲精品一区二区三区在线播放 | 在线视频一区二区 | 97黄色| 在线色网站 | 国产精品久久久久久久久久久久久久久久久 | 花房姑娘第四季在线观看免费 | wwwwww色| 日日日日日 | 国产成人传媒 | 人人艹在线| 第四色av | 国产一级理论片 | 黄色一级片在线 | 欧美精品网站 | 亚洲欧洲在线播放 | 日韩不卡一区二区三区 | 91在线日韩 | 黄色av网站在线观看 | 亚洲自拍偷拍第一页 | 日韩网站在线播放 | 亚洲精品久久久久久久久久久 | 午夜激情在线观看 | 日韩成人一级片 | 视频在线一区二区 | 国产精品久久久久久久久久久免费看 | 亚洲专区第一页 | 免费的黄色的网站 | 向井蓝在线观看 | 深夜福利在线视频 | 欧美日韩三级在线观看 | 永久看看免费大片 | 日本男人的天堂 | 神马久久av| 亚洲性色图 | 亚洲视频免费观看 | 日本一级大毛片a一 | 日韩精品1| 黄色网址你懂的 |