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

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

Investors react to MSCI

By Wu Yiyao | China Daily | Updated: 2017-06-23 08:36

Wanda Film trading halted, tumbling almost 10% on market speculation

China's A-share market opened buoyantly in Thursday morning trading, climbing higher over excitement about MSCI's decision to include mainland shares in a key index. But gains were erased in the afternoon on profit-taking and weakness in small-cap stocks. Analysts, however, said they remained bullish about A-shares in the long run as a result of the development.

The blue-chip CSI 300 index rose 0.1 percent to 3,590.34 points, while the Shanghai Composite Index lost 0.3 percent to 3,147.45 points.

Shares in Shenzhen-listed Wanda Film, a listed arm of Chinese conglomerate Wanda Group, halted trading after tumbling nearly 10 percent on speculation about Wanda Group.

The company denied as "malicious speculation" market rumors that banks had ordered a sale of its bonds, and said it was operating normally.

Investors continued to pile into stocks that will potentially benefit from inclusion in the MSCI Emerging Markets Index. The US index provider said on Tuesday it would add 222 China-listed stocks to its Emerging Markets Index, tracked by around $1.6 trillion in funds, with the inclusion process starting in June 2018.

Fang Xinghai, deputy head of China Securities Regulatory Commission, said in a television interview Wednesday evening that the MSCI would include more A-share stocks in its key index.

He added that quotas for Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor programs-among the major channels for foreign investors investing in China's market-were likely to be expanded accordingly.

Fang said it is likely that 30 percent of A-share listed stocks will be included in the MSCI key index. Currently more than 3,000 shares are listed on mainland's A-share market.

The MSCI inclusion "paves the way for global capital inflows into China's A-shares," rating agency Moody's said in a report on Wednesday, projecting roughly $11 billion in near-term fund inflows into mainland stocks from funds benchmarked to the EMI.

Citi China Securities Services said in a report that the MSCI inclusion of A-share stocks had long-term significance.

"Globalization of China's capital markets is a gradual and inevitable process," it said.

The firm said it believed that there may not be a sharp increase in the number of new QFII or RQFII license applicants due to the MSCI index inclusion, but foreign funds were likely to increase their investment quotas in response.

"We also expect to see an increase in the number of smaller overseas institutional investors accessing the A-shares via the Connect programs for the first time," the report said.

Reuters contributed to the story.

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: 亚洲三页 | 日韩欧美二区 | 一区二区三区无码高清视频 | 久操久操久操 | 午夜色a大片在线观看免费 龙珠z在线观看 | 五月丁香综合啪啪成人小说 | 亚洲综合色视频在线观看 | 欧美亚洲另类在线 | 日日麻批的全部过程 | 日本亚洲精品色婷婷在线影院 | 成人午夜视频网站 | 久久久久久久久女黄 | 亚洲欧洲高清有无 | 国产99久久久久久免费看 | 看片国产| 免费1级片 | 日韩二区精品 | 激情一区| 奇米视频在线 | 中文字幕 在线观看 | 九热精品| 视频精品一区 | 亚洲福利影院 | 免费观看av网站 | 亚洲欧美久久婷婷爱综合一区天堂 | 天天干天天干天天干天天干天天干 | 国产精品毛片一区二区三区 | 九九久久九九久久 | 嘿咻免费视频欧美激情 | 亚洲最大黄色网址 | 国内精品久久久久久2021浪潮 | 香港毛片 | 国产三级成人 | 91麻豆精品一二三区在线 | 一级尻逼视频 | 老头巨大校花体内驰骋小说文 | 国产精品久久久久久久久久iiiii | 秋霞理论在线视频 | 欧美亚洲一区二区三区四区 | 午夜看片在线观看 | 欧美亚洲精品在线 |