国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

A-share liberalization to boost confidence

By Xie Yu in Shanghai | China Daily | Updated: 2013-04-02 10:14

Nobody expected an avalanche of liquidity from Hong Kong, Taiwan and Macao investors on the first trading day under a new rule allowing them to invest directly in the Chinese mainland stock market.

But analysts said it marked the start of a new effort in diversification that could become an important market force.

The opening of China's A-share market to Hong Kong, Taiwan and Macao residents will introduce capital to the mainland stock market and also boost investors' confidence, they said, although analysts added that the full impact could take much longer to be felt.

From Monday, the China Securities Regulatory Commission allowed Hong Kong, Taiwan and Macao residents living on the mainland to open trading accounts for the A-share stock market, or yuan-denominated stocks.

Some analysts said the new rule could generate billions of yuan in new investment funds, while others cautioned that the expectation was too high because the A-share market is considered by many investors outside the mainland to be too risky and immature.

But mainland brokerages have been actively pitching for potential customers.

Shenyin & Wanguo Securities told China Daily: "About 450,000 Hong Kong, Taiwan and Macao residents are living on the mainland. Most of them have legal renminbi income, and many are high net worth individuals. The new rule will introduce more investors and more capital into the market."

The Shanghai Securities Journal said the move will broaden the channel for capital to return to the mainland market from Hong Kong, Macao and Taiwan. It will boost the two-way flow of capital between the mainland and offshore regions, together with a forthcoming QDII 2 (Qualified Domestic Institutional Investors 2) project allowing mainland investors to open brokers' accounts in Hong Kong to trade on the city's stock exchange.

Previous Page 1 2 Next Page

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