国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Shanghai-HK stock link to accelerate China's reforms

(Xinhua) Updated: 2014-08-19 10:43

At present, institutional investors outside the Chinese mainland can only invest on the Shanghai and Shenzhen bourses by becoming Qualified Foreign Institutional Investors (QFII).

China launched the QFII scheme in 2002 to allow licensed foreign investors to use offshore yuan to invest in China's capital market. Currently, 229 institutions are included in the program with a combined investment quota of $150 billion.

Shanghai-HK stock link to accelerate China's reforms
Shanghai-HK link set to boost arbitrage gains for investors
Shanghai-HK stock link to accelerate China's reforms
Through train for equities to lift capital market sentiment
The Shanghai-Hong Kong program provides another channel for overseas investors to invest in the mainland, although trading in the initial stage will only be allowed for a portion of stocks on both bourses and below a certain trading volumes.

Under the mechanism, the upper limit for trading Shanghai-listed stocks is set at 300 billion yuan ($48.76 billion), while that for Hong Kong-listed shares is 250 billion yuan.

If the restrictions are lifted in the future, the program will unleash huge growth potential for the stock market in the mainland, said Xi Junyang, professor with the Shanghai University of Finance and Economics.

Dong said that the new program will also help narrow the gap between a company's stock prices in Shanghai and Hong Kong.

At present, 68 Chinese companies are listed in both Shanghai and Hong Kong, and their share prices on both bourses are often drastically different.

In the future, share prices of those companies are likely to become more similar and approach a reasonable level, according to Dong.

However, experts also warned investors against risks from different trading rules on the two bourses.

For instance, stocks in Shanghai are subject to a daily rise or fall limit of 10 percent, but those in Hong Kong can fluctuate by any amount.

"If a situation like the 2008 financial crisis were to happen again, the daily fluctuation could be very huge. Investors must carefully do basic stock research and properly control risks," said Wang Xiaojun, analyst with Cinda Securities.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
汤阴县| 禄劝| 辰溪县| 蓝山县| 左贡县| 崇文区| 彰武县| 虹口区| 扬州市| 龙岩市| 广元市| 开江县| 合山市| 岑溪市| 丰都县| 东安县| 汪清县| 昔阳县| 永年县| 精河县| 庆阳市| 贵州省| 郴州市| 封丘县| 巴马| 水城县| 敦化市| 土默特右旗| 鲁甸县| 秭归县| 宁国市| 连山| 昂仁县| 原阳县| 城步| 文登市| 齐齐哈尔市| 临海市| 报价| 南木林县| 获嘉县|