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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Markets up after Trump election victory

By LI XIANG | China Daily | Updated: 2016-11-11 06:21

Markets up after Trump election victory

Stock investors watch market information at a brokerage house in Nanjing, Jiangsu province, Nov 10, 2016. [Photo/IC]

Stocks declined on news of poll success, but recovered as focus moved to fundamentals

Chinese stocks rallied on Thursday as investors' sentiment recovered quickly from the initial panic selling triggered by Donald Trump's victory in the US presidential election.

Analysts said that investors would soon refocus on economic fundamentals and will start assessing the long-term impact of Trump's victory on the US economic policy.

The benchmark Shanghai Composite Index rose by 1.37 percent to close at 3171.28 points. The Hang Seng Index in Hong Kong rebounded by 1.89 percent from a three month low to close at 22839.11. The US market also more than recovered, with the S&P up 1.1 percent on Tuesday, despite large fluctuations in overnight stock futures.

Fund managers said they will continue to look at the economic fundamentals rather that short-term events such as the result of the US election to guide their investment strategies.

"I continue to maintain my long-term approach and am focused on the fundamentals in China, namely an uptrend in corporate earnings in Q3 2016, a cyclical improvement in economic growth and policy efforts focused on addressing the Chinese housing market," said Ning Jing, a portfolio manager of China Focus Fund at Fidelity International.

"The Chinese A-share market could prove to be a defensive ground," Ning said.

Despite the temporary selloff immediately following Trump's victory, globally markets bounced back sharply as investors quickly shifted their focus to Trump's policy, including possible tax cuts and the expansion of fiscal spending for big infrastructure projects to spur growth.

While offering limited details of his economic agenda, Trump said in his victory speech that the US will double its growth and have "the strongest economy anywhere in the world". He also pledged to create more jobs by rebuilding infrastructure.

Zheng Mingang, an analyst at Dongxing Securities, said that Trump is very unlikely to bring "disruptive changes" in the US economic policy and his stance on fiscal policy will be a new focus for investors to follow closely.

"His fiscal policy, especially the greater spending on infrastructure will likely be a strong stimulus for the US economy. It is also expected that the US will likely accelerate the process of interest rate hikes, which could mean more pressure on the renminbi exchange rate," Zhang said.

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: 精品二区在线观看 | av综合在线观看 | 国产精品一区二区性色av | 成人国产片女人爽到高潮 | 超碰在线99 | 国产69久久精品成人看 | 91在线观看网站 | 中文字字幕在线中文 | 欧美整片在线观看 | 综合国产精品 | 精品国产999 | 欧美成人免费一级人片100 | 日韩精品一二三四区 | 久久久精品久久久 | 日本道不卡 | 免费一级黄色 | 国产又黄又粗又猛又爽的 | 国产精品www色诱视频 | 国产suv精品一区二区69 | 在线视频 亚洲 | 久久b | 激情小说qvod| 午夜亚洲视频 | 日韩经典三级 | 日韩一三区 | 国产原创av在线 | 99成人免费视频 | 美女一区二区视频 | 欧美日韩中文字幕在线 | 青青青久久久 | 亚洲一二三视频 | 五月婷婷丁香在线 | 成人福利视频在线观看 | 深爱激情综合网 | 国产精品久久网 | 99视频国产精品免费观看a | 亚洲欧美日韩中文字幕在线观看 | 97超碰人人| 久久精品成人一区二区三区蜜臀 | 国产午夜麻豆影院在线观看 | 在线观看黄色国产 |