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

Equity market to see glad tidings, weak momentum

By Li Xiang (China Daily) Updated: 2016-03-14 08:10

Equity market to see glad tidings, weak momentum

A woman investor at a securities office in Nantong, Jiangsu province. Chinese small investors are confident after the central government's recent announcement of financial policies for this year. [Photo provided to China Daily]

Supportive policies, NEEQ recast raise hopes, but investors' fears still remain

Expectation that reforms in May will help improve the efficiency of the National Equities Exchange and Quotations, better known as the New Third Board, will likely boost its financing activities, market-people said.

The NEEQ is China's share trading system for small firms and startups. Amid the economic slowdown, one of the concerns rattling stock markets this year, the NEEQ has been one of the main financing channels for China's cash-strapped startups.

But it has been facing issues of low turnover and inadequate liquidity. As of March 3, the NEEQ's total financing was 26.47 billion yuan ($4.1 billion).

So, come May, the NEEQ board will adopt a new policy to divide the existing market into two segments-the innovative market and the basic market-the Chinese securities regulator announced on March 4.

The division will be based on financial indicators and shareholding structure of nearly 6,000 listed companies on the board, and will ensure relevant regulations apply to listed companies.

It will also meet different financing needs of companies and reduce the cost of information collection for investors, analysts said.

"The division will accelerate the expansion of the market," said Dong Dengxin, a finance researcher at the Wuhan University of Science and Technology.

There are other glad tidings for the markets.

Analysts believe Premier Li Keqiang's latest government work report, envisaging supportive policies, will continue to boost sentiment towards the Chinese capital market.

For, the feared hard landing of the Chinese economy appears much less likely now, said Geoff Lewis, senior Asia strategist at Manulife Asset Management, in a note to investors.

The benchmark Shanghai Composite Index has been moving sideways around the level of 2900 points, having declined 20.6 percent this year on concerns over volatility in the renminbi and the slowdown.

"China's capital outflows are manageable and may be close to peaking, though a temporary return to capital controls may be required, especially on money flows by wealthy individuals," Lewis said.

The soaring stocks of producers of coal, steel and commodities corrected substantially last week on stimulus policies announced at the ongoing sessions of lawmakers and political advisors.

But fears remain the structural reform to reduce industrial overcapacity will likely hurt the earnings prospects of resources- and energy-related companies.

Li Lifeng, a strategist at Sinolink Securities, said the Chinese stock market continues to be plagued by weak momentum. So, the benchmark Shanghai index will likely continue to move sideways in the range of 2,500 to 3,000 points.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 美女脱了内裤张开腿让男人桶网站 | 精品久久在线观看 | 精品视频一区二区三区 | 亚洲 欧美 都市 自拍 在线 | 黄频免费影院 | 久久精品午夜视频 | 日本二级毛片免费 | 久久精品在现线观看免费15 | 欧美成年人网站 | 亚洲加勒比久久88色综合 | 成人午夜久久精品 | 久久国产精彩视频 | 国产精选经典三级小泽玛利亚 | 福利视频黄 | 国产亚洲精品2021自在线 | 亚洲男同视频网站 | 国产精品久久久久一区二区三区 | 久久91av | 国内精品九一在线播放 | 国产成人亚洲精品91专区高清 | 中文字幕99在线精品视频免费看 | 久久久精品久久久久三级 | 亚洲国产精品91 | 久久久久久尹人网香蕉 | 日韩在线中文字幕 | 国产一区二区免费在线 | 欧美亚洲在线 | 亚洲在线观看免费视频 | 国产女王vk | 亚洲热视频 | 日本三级成人中文字幕乱码 | 久久中文字幕免费视频 | 亚洲欧美日韩国产精品影院 | 香港一级纯黄大片 | 深夜做爰性大片很黄很色视频 | 美女张腿男人桶免费视频 | 亚洲天堂一区二区 | a毛片免费 | 久久永久免费 | 欧美一级成人毛片视频 | 性欧美一级 |