在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Markets

China's capital market attracting foreign investors

(Xinhua) Updated: 2014-02-10 09:51

BEIJING - Although China has shown signs of an economic slowdown, foreign institutional investors are still betting on its cheap equity market with potential for big returns.

Qualified Foreign Institutional Investors (QFIIs) opened 45 new A-share accounts in China last December, a monthly record for 2013, the China Security Depository and Clearing Co Ltd said in January.

This marked the 24th consecutive month in which QFIIs have opened accounts in China's A-share markets and brings the total number of accounts to 612.

Foreign investors have to be licensed as QFII or renminbi QFII, two plans created in 2002 and 2011 respectively, allowing qualified investors to trade a limited quota in China's largely isolated capital market.

The State Administration of Foreign Exchange, China's foreign exchange regulator, granted $51.4 billion of investment quotas to 235 QFIIs, and 167.8 billion yuan to 57 RQFIIs as of Jan 27, 2014.

"Many Asian institutional investors are planning to buy our RQFII exchange-traded fund, although the issuance time has not been determined yet," said Ding Chen, CEO of HK-based CSOP Asset Management, the largest RQFII in terms of quota.

Overseas investors, especially those from India, Europe and the Middle East, are eager to buy RQFII products, said an anonymous senior manager of another HK-based investment firm that is about to issue such products.

"They believe that China's capital market is partly undervalued," said the manager.

The Shanghai Composite Index, the benchmark equity index, suffered one of the world's biggest falls last year, with an annual decline of 6.75 percent. Some stocks tumbled heavily.

But Chinese shares rebounded on Friday, the first trading day in the lunar new year, with the Shanghai Composite Index gaining 0.56 percent, and the Shenzhen Component Index climbing 0.58 percent.

Sentiment among firms is recovering.

Nearly 60 percent of 1,734 listed enterprises that have released their preliminary annual reports are optimistic about how they performed last year, with 398 firms estimating that their profits surged by over 100 percent.

China's 2013 GDP growth of 7.7 percent was among the strongest worldwide, despite expansion in the country's economy slowing.

In addition, China aims to ease the access for foreign investors to invest in its capital market.

Administrative approval procedures for QFII qualification and quota shall be eliminated "when conditions are ripe," said Zhou Xiaochuan, China's central bank governor, when attending a financial forum in November.

Marc Desmidt, head of alpha strategies for Asia Pacific at BlackRock Inc, said China is likely to attract more overseas capital to its A-share market, as the country is steadily opening up its capital market to investors worldwide.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美黄色一级视频 | 亚洲欧美日本在线 | 成人免费福利视频 | 肉丝美脚视频一区二区 | 少妇综合 | 欧美日韩国 | 一级特黄aaaaaa大片 | 久久一区二区三区四区 | 午夜激情网站 | 九九热精品在线观看 | 国产精品国产成人国产三级 | 国产精品123 | 色羞羞| 欧美伦理一区二区 | 国产精品hd | 午夜国产在线 | 欧美一级特黄视频 | www.国产.com| 伊人网在线播放 | 欧美性猛交xx | 午夜视频一区 | 久久国产美女 | 人人草人人 | 深夜福利网站 | 日韩av在线免费看 | 日本成人久久 | 久久精品综合 | 成人免费毛片片v | 亚洲精品免费视频 | 黑人系列合集h | 在线不卡视频 | 四虎影院在线免费观看 | 精品国产99久久久久久宅男i | 一级黄色录像片 | 欧美黄色免费网站 | 国产人成一区二区三区影院 | 久久久久毛片 | 国产一级18片视频 | 亚洲国产成人在线 | 看片地址 | 成人激情视频在线观看 |