日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

As A shares rebound, analysts see market flying on measures

By SHI JING in Shanghai | China Daily | Updated: 2022-06-07 09:22
Share
Share - WeChat
An investor looks at share prices at a brokerage in Fuyang, Anhui province. [Photo by Wang Biao/For China Daily]

Monday's share price rebound shows A-share market sentiment will continue to pick up as supportive policies introduced earlier this year will further stabilize economic growth and inject impetus into the stock market, experts said.

On Monday, the Shanghai Composite Index gained 1.28 percent to close at 3236.37 points while the Shenzhen Component Index closed 2.66 percent higher at 11938.12 points. The Nasdaq-style ChiNext in Shenzhen jumped nearly 4 percent.

The total trading value at the Shanghai and Shenzhen exchanges topped 1.11 trillion yuan ($167 billion) on Monday. The northbound capital-it is overseas investors' spend on A-share companies' shares via the stock connect mechanisms between Shanghai, Shenzhen and Hong Kong-reported a net inflow of about 11.3 billion yuan.

Metal companies with businesses related to the new energy industry reported the strongest average daily surge of 6.75 percent on Monday, followed by the 4.97 percent average price increase of A-share photovoltaic equipment providers. Washington's Monday announcement to pause new tariffs on solar imports for two years may have lifted the prices of these A shares, said industry experts.

According to Qin Peijing, chief strategist of Citic Securities, the strong rebound on Monday appears to be the beginning of a possible slow bull run that will likely extend to the mid to long run.

For one, the various economic stimulus policies announced at the beginning of the latest COVID-19 resurgence will take effect collectively this month, facilitating economic recovery at a faster pace.

For another, foreign investors' risk appetite for A shares has recovered and the trend will last over the following months. Foreign investors have been adjusting their positions over the past few months, and agree that the A-share market is set for a recovery as market fundamentals will continue to improve and external disruptions will be less. Therefore, more foreign capital inflows into the A-share market can be foreseen, Qin said.

Under such circumstances, investors should look for opportunities in modern infrastructure, property and consumption sectors, or companies with businesses related to production resumption, Qin said.

Xun Yugen, chief economist of Haitong Securities, said the A-share market may have bottomed out in late April. At that time, most investor exposure to A shares was at a historic low, a possible sign of the market bottoming out.

Xun explained that market recovery can be confirmed if any three of the five major indicators-aggregate financing to the real economy, infrastructure investment, purchasing managers' index, property sales and auto sales-start to stabilize. The five indicators have either stabilized or shown an uptrend as production resumption steadily advanced in areas affected by the recent COVID-19 resurgence. Under such circumstances, the A-share market is sure to see forward momentum, he said.

According to Shanghai-based market tracker Wind Info, 146 companies have made IPOs in the A-share market so far this year, with 38, or 26 percent of the total, seeing their stocks fall below the offer price on debut.

The trend has somehow decelerated in May, as only two of the 18 newly listed shares, or 11 percent of the total, slid below the IPO price on debut.

Yang Delong, chief economist of Shenzhen-based First Seafront Fund, said he considered that to be a signal of a market turnaround, for "newly issued shares usually perform strongly when the market recovers".

Top
BACK TO THE TOP
English
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
CLOSE
 
主站蜘蛛池模板: 欧美一区黄 | 国产精品v欧美精品v日韩精品 | 国产免费观看一级国产 | 91精品国产综合久久久久久 | 午夜精品久久久 | 伊人久久大杳蕉综合大象 | 久草视频手机在线观看 | 欧美爽爽爽高清免费视频 | www干| 丝袜 亚洲 另类 欧美 综合 | 一级毛片国产真人永久在线 | 欧美亚洲不卡 | 欧美日韩免费在线观看视频 | 欧美成人精品第一区首页 | 桃色网站入口 | 国产精品亚洲成在人线 | 无名者电影在线完整版免费 | 九九51精品国产免费看 | 久久伊人中文字幕有码 | 一级做a爱片特黄在线观看yy | 狠狠色丁香婷婷久久 | 国产国产成人久久精品杨幂 | 日本久久高清视频 | 精品天堂 | 一级做一级爱a做片性视频视频 | 久久久久久www | 国产精品久久久久一区二区 | 毛片999| 日日天天 | 亚洲午夜久久久久中文字幕久 | 奇米影音第四色 | 黄色片视频观看 | 五月天激情视频 | 99精品免费视频 | 日本高清在线免费 | 欧美2区| 精品在线播放 | 国产成人aa免费视频 | 亚洲天堂网站 | 日韩成人中文字幕 | 天天操,夜夜操 |