www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Income tax exemption fuels Shanghai-HK stock connect

(Xinhua) Updated: 2014-11-17 09:40

BEIJING - Income tax exemptions for investors aimed to support the Shanghai-Hong Kong stock connect program, which kicks off trading on Monday, have earned applause from securities analysts.

China's Ministry of Finance along with its securities watchdog said Friday that mainland individual investors' profits from investing in Hong Kong-listed stocks will be exempt from personal income tax from Nov 17, 2014 to Nov 16, 2017.

Hong Hao, managing director of BOCOM International, said that the policy brought good news to the A shares and clarified tax issues related to the stock connect program and other cross-border investment projects.

Income tax exemption fuels Shanghai-HK stock connect
Consumer shares to gain from HK link
Income tax exemption fuels Shanghai-HK stock connect
BOC sees 'limitless' opportunities
Previously, cross-border investment in the mainland equity market was only allowed under a series of projects, including QFII and RQFII.

Hong said that the tax issues surrounding the Shanghai-HK stock connect had been one of the biggest uncertainties, and the government's announcement eased investors' worries.

He also said the policy will not lead to investment diversion from QFII and RQFII projects to the new program, considering the daily limits, certain risks and more complex procedures for the stock connect.

Li Daxiao, chief economist with Yingda Securities, said such tax exemption measures will fuel the success of the stock connect and stimulate both the stock markets in Shanghai and Hong Kong.

He also suggested extending the time limit of the policy in order to guarantee the long-term safe expansion of the pilot program.

According to a report by the Securities Times, the news about the program has pushed up H shares since last month, and the connect is expected to bring challenges and opportunities to the relatively less open A shares.

Meanwhile, some private placement companies considered the stock connect program an important forward step in going global with potential for huge profits.

Dan Bin, president of an investment management company in Shenzhen, said the program along with the yuan internationalization will encourage the world's top enterprises to be listed on the Chinese stock market.

Huatai Securities' chief financial analyst Luo Yi forecast that securities traders will benefit the most from the launch of the Shanghai-HK stock connect program, which is destined to pave the way for future capital market opening.

The mainland and Hong Kong securities watchdogs announced in a joint statement that the Shanghai-Hong Kong stock connect will start trading on Nov 17.

The pilot program will enable investors to trade eligible shares listed on the other's market through local securities firms or brokers.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲国产精品久久久天堂 | 久久久久久久99视频 | 毛片视频网站 | 亚洲国产福利精品一区二区 | 免费一级a毛片免费观看欧美大片 | 老色99久久九九精品尤物 | 日本免费一区二区三区视频 | 免费一级 一片一毛片 | 一个人的视频日本免费 | 欧美一级毛片欧美一级无片 | 国产一区二区三区四区五区 | 秀人网私拍福利视频在线 | 一级亚洲 | 爱呦视频在线播放网址 | 三级黄色免费看 | 日韩美女一区 | 香蕉久| 亚洲欧美一区二区三区久久 | 亚洲精品一区二区三区美女 | 一级 黄 色 片免费 一级aaaaaa毛片免费 | 在线观看国产欧美 | 免费一级美国片在线观看 | 亚洲性综合| 亚洲a级片 | 毛片大全在线观看 | 黄色免费在线网址 | 欧美一区二区三区免费看 | 91一区二区在线观看精品 | 亚洲天堂男人 | 欧美日韩国产高清一区二区三区 | 久久精品久久精品久久 | 国产a国产片 | 久久香蕉国产线看观看精品yw | 久久久久久久久久久大尺度免费视频 | 国产精品成aⅴ人片在线观看 | 欧美在线视频一区二区 | 加勒比一区在线 | 国产在视频线精品视频二代 | 久久精品视频9 | 欧美xx一片 | 亚洲自偷 |