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

US EUROPE AFRICA ASIA 中文
Business / Markets

Mainland, HK unveil cross-border trading plan for stocks

By XIE YU in Shanghai (China Daily) Updated: 2014-04-11 01:08

A plan to allow cross-border stock trading between the Hong Kong and Shanghai stock markets was presented on Thursday, the mainland's latest move to open up its capital markets.

The trial will begin in six months and enable dealers to invest in designated shares through local securities firms or brokers, the China Securities Regulatory Commission said in a statement with the Securities and Futures Commission of Hong Kong.

Mainland, HK unveil cross-border trading plan for stocks

Chinese shares 'too cheap to ignore': HSBC 

Mainland, HK unveil cross-border trading plan for stocks

China regulates preferred stocks information disclosure 

"It is an important step in the opening up of China's capital market and will enhance capital market connectivity between the mainland and Hong Kong," it said.

The pilot program allows a maximum cross-border investment of 550 billion yuan ($90 billion). Investors in Shanghai and Hong Kong will be able to buy and sell up to 23.5 billion yuan of stocks in certain companies each day on each other's exchanges under the program.

Premier Li Keqiang said at the Boao Forum for Asia that the plan "will enable us to expand market access, foster a better business environment to unleash greater dividends of reform, spark social creativity and stabilize market expectations".

The Shenzhen Stock Exchange has not yet been included in the program.

Hong Kong and foreign investors will be allowed to buy as much as 13 billion yuan a day in Shanghai-listed stocks through the Hong Kong market.

Mainland investors, which will be limited to institutions and individuals holding at least 500,000 yuan in their stock and cash accounts, will be able to purchase up to 10.5 billion yuan daily in Hong Kong-listed stocks through the Shanghai bourse.

Some analysts said the program will lift the Hong Kong stock market thanks to increased investment because many mainland investors are interested in buying H-shares — mainland companies listed in Hong Kong — but have been previously restricted from doing so.

"Trade volume in the Hong Kong stock market will be largely boosted," said Oliver Meng Rui, a professor at the China Europe International Business School in Shanghai.

He said the quota is significant to Hong Kong because it accounts for almost a quarter of the current daily turnover.

Rui said many mainland investors will try to diversify their portfolio by purchasing Hong Kong-listed stocks through the program.

As Hong Kong shares are denominated in the Hong Kong dollar, it helps investors to reduce risks of holding only renminbi assets, he added.

Mainland, HK unveil cross-border trading plan for stocks Mainland, HK unveil cross-border trading plan for stocks
 China's CSI300 index in biggest loss in 7 months

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 久操91| 日韩欧美国产网站 | 美利坚av| 黄色免费播放 | 亚洲第八页 | 91在线公开视频 | 日韩中文字幕精品 | 青青在线精品 | 成人综合网站 | 国产女主播喷水高潮网红在线 | 涩涩网站在线观看 | 成人免费播放 | 噜噜噜视频 | 成人毛片在线 | 久久久999成人 | 亚洲欧美在线一区 | 日本免费一区二区三区四区 | 四虎精品在线观看 | 99精品视频网站 | 视频一区二区中文字幕 | 日韩天天干| 国产一级18片视频 | 国产免费一区二区三区四在线播放 | 天堂网av在线 | 麻豆影视av | 青青草在线免费视频 | 日韩色| 男人天堂网在线观看 | 中文字幕免费观看视频 | 美国一级黄色录像 | 一级黄色片欧美 | 一级免费看片 | 午夜老司机福利 | 黄色免费影片 | 亚州av网| 午夜免费激情视频 | 久久人视频 | 精品视频www| 精品中文一区 | 国产精品手机在线观看 | 青青草手机在线 |