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

HK bourse seeks mainland link quota expansion

(Agencies) Updated: 2015-04-11 09:14

HK bourse seeks mainland link quota expansion

Flags flutter at the Hong Kong Exchanges & Clearing Ltd in Hong Kong, China, April 10, 2014. [Photo/IC]

Hong Kong Exchanges & Clearing Ltd, the world's biggest bourse operator by market value, expects the trading limits for the equity link with the Chinese mainland will be increased.

The exchange had record trading turnover for two days this week as mainland investors used up their daily quota for buying Hong Kong stocks through the Shanghai-Hong Kong Stock Connect program. They bought 10.5 billion yuan ($1.7 billion) of shares on Wednesday and Thursday.

"There will definitely be an expansion," HKEx's Chief Executive Officer Charles Li said on Friday in Hong Kong. "The expansion won't simply be 20 percent to 30 percent. If there is an expansion, it must be of a certain magnitude of the quota," he said.

Regulators in Hong Kong and the Chinese mainland would need to agree on increasing the quota, and the authorities are also developing plans for one more trading connection with the Shenzhen exchange, said Romnesh Lamba, HKEx's co-head of global markets. The equity link with the Shanghai bourse started in November with an overall limit of 550 billion yuan on the value of equities investors can hold, and also has daily caps.

"Regulatory authorities have been discussing quota expansion for a while," said Li. "The quota will not be adjusted instantly following an abrupt market move. It will be an orderly adjustment and the market should wait patiently."

Hong Kong stocks jumped this week, with the benchmark Hang Seng Index gaining 7 percent, the most since December 2011.

"The whole aim of having a quota is to ensure stability when the link started, and we have basically reached stability," Li said. "Everybody should have a little patience."

The Hong Kong exchange is developing new products, which can be included in the link between Hong Kong and the mainland, Li said.

Hot Topics

Editor's Picks
...
长寿区| 黑龙江省| 黄梅县| 金堂县| 汝阳县| 庆元县| 伊金霍洛旗| 无锡市| 藁城市| 丽江市| 石首市| 滦南县| 郁南县| 抚顺县| 广汉市| 隆昌县| 石楼县| 龙州县| 车致| 三门峡市| 澜沧| 来安县| 南开区| 名山县| 盘山县| 常宁市| 泾阳县| 廊坊市| 福州市| 平武县| 石林| 巴彦淖尔市| 化州市| 子洲县| 侯马市| 平潭县| 衡阳县| 山阳县| 台湾省| 宣城市| 鹿邑县|