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

Mainland money continues to fuel stock surge in HK

By Xie Yu (China Daily) Updated: 2015-06-02 10:09

I opened my first ever stock account eight months after I arrived in Hong Kong last August.

This city, called as China's gateway to the offshore market, is full of adventurers ready to make big bucks from all over the world.

"You've got to open an account, right now, before you lose the opportunity," a friend of mine who works for a Shanghai brokerage, but had opened a Hong Kong stock account two years ago, urged me.

"The train's about to leave the station, and you've to get on it," he said.

One stock recommended by my friend surged more than 60 percent in just three days in late April. I rushed to a local bank and opened an account the next morning.

As a newcomer to the market, I chose three mainland-based companies with strong technology research backgrounds.

They had been doing fine, but clearly underperforming their A-share listed peers.

Confident that the gap between valuation and performance would narrow, and I am still holding the shares.

Hong Kong's benchmark Hang Seng Index, flat during 2013 and 2014, had gained 20 percent this year by May 26, to 28,249, with many mainland investors pouring their money in.

Analysts say the central government has been supportive of this southbound movement in funds as it has helped direct capital from the red-hot A-share market (the benchmark Shanghai Composite Index soared almost 150 percent in the past year), and deflate any potential bubbles. Many believe the HSI could now pass 32,000 within the year.

Hong Kong institutional investors still hold an overwhelming proportion of the mainland equities listed on the local market, while many experienced smaller investors continue to remain loyal to particular Hong Kong stocks.

No one is denying the influence the mainland is having on the Hong Kong market, and even amateurs know much of that is down to the Shanghai-Hong Kong Stock Connect.

Mainland investors are now being seen as reshaping the Hong Kong market, for so long dominated by US-based investment banks backed by billions of dollars entrusted in them.

With more cross-border initiatives set to kick off, particularly the upcoming Shenzhen-Hong Kong Stock Connect, as well as mutual recognition of funds (due July 1), the mainland investment style is likely to continue influencing the Hong Kong market profoundly.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费特黄一级欧美大片在线看 | 色樱桃影院亚洲精品影院 | 国产美女操 | 久久九九精品一区二区 | 欧美一区不卡二区不卡三区 | 国产91丝袜在线播放九色 | 男女免费爽爽爽在线视频 | 123成人网 | 大伊香蕉精品视频在线天堂 | 欧美午夜在线 | 一本久 | 深夜爽爽爽gif福利免费 | 国产专区第一页 | 三级网站免费 | 九九免费在线视频 | tom影院亚洲国产日本一区 | 女人张开腿让男人捅的视频 | 成年人视频在线观看免费 | 在线成人毛片 | 67194国产精品 | 亚洲国产精品综合久久网络 | 精品久久久久久中文字幕一区 | 欧美黄色xxx | 亚洲乱人伦在线 | 欧美一级片在线 | 影音先锋色先锋女同另类 | 99在线小视频 | 欧美成人手机视频免费播放 | 欧美一区二区在线观看 | 亚州黄色网址 | 日本特黄乱人伦片 | 成人看片黄a在线观看 | 国产精品毛片天天看片 | 青青草国产免费一区二区 | 国产综合视频在线观看一区 | 欧美一级毛片一级 | 中文字幕在线一区二区在线 | 成人网18免费软件大全 | 欧美在线高清 | 国产精品综合一区二区 | 一级啊片 |