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: 中文字幕区| 日韩中文字幕 | 视频一区在线观看 | 国产小视频在线观看 | 久草福利在线视频 | 黄色av地址 | 中文字幕狠狠 | 天堂男人av | 亚洲精品视频免费看 | av久久久| 亚洲免费在线视频观看 | 成人免费黄色小视频 | 99国产精品99 | 欧美一级片免费观看 | 日日舔夜夜摸 | 免费观看毛片视频 | 国产一区二区三区视频免费观看 | 2020亚洲天堂 | 九色视频偷拍少妇的秘密 | 999在线视频 | 青春草在线视频观看 | 葵司在线视频 | 国产三区av| 国产精品jizz | 日本免费黄色 | 色综合久久久久久 | 成人免费看片在线观看 | 国产第九页 | 丰满少妇一级 | 欧美日韩激情在线 | 亚洲四虎影院 | 欧美整片在线观看 | melody在线观看 | 午夜影视av | 国产精品ww| 日本污视频在线观看 | 激情五月婷婷 | 国产小精品| 久久久久久久久久成人 | 亚洲最大中文字幕 | 激情网站|