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

Investors react to MSCI

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

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.

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: 成人夜色香网站在线观看 | 香港三级日本三级妇人三级 | 一级啊片| 日韩 欧美 国产 师生 制服 | 久久草在线 | 97国产精品欧美一区二区三区 | 久久久国产精品免费看 | 国内自拍网址 | 免费看a| 国产三级高清 | 国产深夜福利视频在线播放 | 孕妇交 | 亚洲男人的天堂在线视频 | 久草在在线 | 国产高清专区 | 欧美福利一区二区三区 | 久久成人免费观看全部免费 | 亚洲国产日韩在线 | 日本亚州视频在线八a | 亚洲视频免费观看 | 亚洲精品xxxx | 国产成人啪精品午夜在线观看 | 国产精品日韩欧美 | 亚洲精品视 | 自拍国内 | 欧美第一页草草影院浮力 | 国产精品免费_区二区三区观看 | 成人精品一区二区三区 | 1024手机基地在线看手机 | 亚洲第一免费网站 | 国产日韩不卡免费精品视频 | 欧美成人怡红院在线观看 | 欧美多人三级级视频播放 | 成人看免费一级毛片 | 亚洲高清国产一区二区三区 | 加勒比色综合久久久久久久久 | 久久久综合结合狠狠狠97色 | 中文精品爱久久久国产 | 成人免费手机在线看网站 | 欧美一级毛片aaaaa | 2021精品国产品免费观看 |