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: 亚洲天天影视 | 午夜aaa | 日韩免费视频一区二区 | 免费观看毛片网站 | 国产第六页 | 偷拍欧美亚洲 | 午夜久久影院 | 久久久久久高清 | av男人天堂网 | 日本在线播放视频 | 日韩精品国产精品 | 最新黄色av网站 | 亚洲免费专区 | av在线你懂的 | 亚洲欧美强伦一区二区 | 在线观看国产亚洲 | 色视频在线播放 | 三上悠亚在线观看视频 | 天天做天天爱天天爽综合网 | 国产人妖一区二区 | wwwwww国产 | 免费中文字幕视频 | 性色av一区二区三区在线观看 | 欧美视频三区 | 久久久久久一级片 | 久久视频免费看 | 国产香蕉av | 日韩午夜影院 | 欧美日韩在线视频免费观看 | 一区二区三区视频在线播放 | 欧美日韩高清在线 | 亚洲人免费视频 | 国产三级av在线播放 | 午夜天堂视频 | 欧美激情黑人 | 国产一区二区在线视频观看 | 色播一区 | 日日天天干| 亚洲一区二区精品在线观看 | 中文字幕精品在线观看 | 美女天天干 |