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
World / Europe

London Financial Circles Welcome LSE-Shanghai Exchanges plan

By Cecily Liu (chinadaily.com.cn) Updated: 2015-09-24 19:36

Despite the market optimism, many challenges still need to be overcome before a viable link can be established.

Currently there are many practical problems for both side trading shares directly in each other's market, for example the procedure and requirements of opening trading accounts are different, Duan says.

"The clearing system behind the two stock exchanges might need to be synchronized. The Chinese currency needs to be freely convertible, perhaps starting at the Free Trade Zones in China as the first step," Duan says.

Because purchasing of the Chinese stocks listed on overseas exchanges is done using the renminbi, this can only be achieved if either the Chinese currency becomes freely convertible or if the offshore jurisdiction hosting the connect has an abundant pool of offshore renminbi available.

As Hong Kong has a large pool of offshore renminbi, investors can easily access renminbi to purchase Shanghai shares, but this could prove more difficult for London, which has less offshore renminbi liquidity.

Sean Tuffy, head of regulatory intelligence at Brown Brothers Harriman in Dublin, says Shanghai London connect would face additional complexity that does not exist in the Hong Kong model.

"For example the time-zone difference would impact the trading and settlement of the securities. There would almost certainly have to be modifications to the existing set-up to address these issues," Tuffy says.

Mclean says that in addition to the technical difficulties, there are also differences in investor components in the two communities.

"Whereas retail investors made up 85 percent of the Chinese stock market, the majority of the London-based investors are institutional investors. The financial advisory communities would have to take a careful approach to accommodate these two groups of audiences.

"As a result of the majority retail investors in the Chinese stock market, the Chinese stock market tends to be more volatile than the London stock market and the linking of the two stock markets could be tricky," Mclean says.

Previous Page 1 2 3 4 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 色婷婷一区 | 欧美日韩一二三四区 | 天天操综合 | 99视频一区 | 日本一区二区三区中文字幕 | 伊人影院久久 | av精选| 爱爱视频在线播放 | 色老头av| 亚洲系列中文字幕 | 综合激情婷婷 | 99黄色网 | 奇米第四色7777 | 国产午夜精品一区二区三区 | 国产精品网站在线 | 久久综合久久88 | 亚洲视频在线观看 | 射黄视频 | 99热精品在线播放 | av九九| 国产av毛片 | 亚洲二级片 | 先锋影音男人资源站 | 中文国语毛片高清视频 | 99re久久| 亚洲综合伊人 | 婷婷91| 久久久久久一级片 | 欧日韩在线观看 | 久久99久久久久 | 成人手机在线免费视频 | 97在线观看免费视频 | 99天堂网 | 成人看 | 久久久久久一区 | 亚洲精品男人的天堂 | 男女拍拍视频 | 天堂中文在线视频 | 在线视频一区二区三区 | 五月综合视频 | 午夜在线观看免费视频 |