久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

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

HK boosts link between mainland, overseas markets

By Oswald Chan in Hong Kong | China Daily | Updated: 2017-06-22 07:28
Share
Share - WeChat

Financial regulators in Hong Kong hailed Morgan Stanley Capital International's decision to include the A-share index, saying the inclusion will further cement the city's gateway status linking the mainland equity market with overseas stock markets.

Tuesday's decision by MSCI may elicit initial inflows of $17 billion to $18 billion into the domestic equity market, according to MSCI estimates. Capital inflows may reach $340 billion if A-shares are wholly included in the MSCI indices.

"The inclusion of A shares in the MSCI Emerging Markets Index signifies the growing importance of the A-share market to international investors, and will further strengthen Hong Kong's role as the gateway to access the mainland stock market under the existing stock connect programs," said Ashley Alder, chief executive officer of the Securities and Futures Commission, the city's securities market regulator.

The SFC will work closely with the China Securities Regulatory Commission to ensure smooth implementation, the SFC statement added.

"The move will help the Chinese mainland become the second biggest financial market in the world. It is the beginning of the full integration of Chinese mainland's financial market in the world," said Charles Li Xiaojia, chief executive of the Hong Kong Exchanges and Clearing, at the Shanghai Lujiazui Forum held on Wednesday.

Hong Kong's Hang Seng Index dropped to 25,694 points, or 0.57 percent, with a turnover of HK$76.5 billion ($9.79 billion) on Wednesday when MSCI included the A-share index in its Emerging Markets Index. The share price dip in Hong Kong on Wednesday was led by developer stocks and the retreat of regional gauges in Asia.

Financial analysts said Hong Kong has played a pivotal role in A-share inclusion in MSCI's indices after having been rejected three times.

"The successful launch of the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect schemes paved the way for this inclusion," said Helen Wong, HSBC's chief executive in China.

"The larger 222 A-share inclusion, from 169 stocks proposed earlier, was mainly due to the inclusion of A-shares that are also listed in Hong Kong," said Julian Wee, Asia senior markets strategist at National Australia Bank.

A quick guide to MSCI indexes

MSCI is one of the most influential capital market index providers. Around 97 percent of world's top 100 asset managers track indexes provided by MSCI.

Beginning in June 2018, MSCI will include China A shares in the MSCI Emerging Markets Index and the MSCI ACWI Index, using a two-step inclusion process.

The number of China A shares in the pro-forma MSCI China Index would be 222.

The total number of constituents in the pro forma MSCI China Index would increase from 152 to 423.

The pro forma weight of China A shares in the MSCI Emerging Markets Index following the completion of the second implementation step would be approximately 0.73 percent.

The inclusion may bring capital of $11.5 billion to the A-share market in the short term, and $300 billion in the longer term, according to an estimate by BOC International.

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: 日本三级11k影院在线 | 在线观看国产情趣免费视频 | 欧美一级特黄aaaaaa在线看首页 | 九九干 | 日韩精品一区二区三区中文字幕 | 国产精品欧美韩国日本久久 | 欧美一二三| 国产jk福利视频在线观看 | 视频一区二区在线 | 91热久久免费频精品黑人99 | 新版天堂资源中文在线 | 中国一级毛片录像 | 亚洲b | 韩国19禁主播裸免费福利 | 久草视频精品 | 亚洲精品久久久久久久福利 | 国产aⅴ一区二区三区 | 成人国产一区二区三区精品 | 日日摸人人拍人人澡 | 欧美另类极品 | 毛片手机在线视频免费观看 | 国产午夜免费视频片夜色 | 毛片在线看免费 | 亚洲系列中文字幕一区二区 | 国产欧美视频在线观看 | 亚洲精品国产精品国自产网站 | 久久精品国产第一区二区 | a级成人高清毛片 | 免费在线看a | 亚洲国产精品久久精品成人 | 最新欧美一级视频 | 亚洲国产成人精品一区91 | 久草视频精品在线 | 久久99网站 | 欧美人在线一区二区三区 | 精品国产免费观看久久久 | 久久精品免费全国观看国产 | 国产成人咱精品视频免费网站 | 国产麻豆一级在线观看 | 色涩五月天 | 九九视频免费精品视频免费 |