日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

China stocks extend gains after Brexit hits elsewhere

(Agencies) Updated: 2016-06-30 06:53

China's stocks rose again on Wednesday, extending their performance as one of the world's best performers after the United Kingdom's shock vote to leave the European Union, because the market's dominance by local traders helped insulate the nation's shares from global turmoil.

The Shanghai Composite Index advanced 0.7 percent, taking its rally since the start of trading on Friday to 1.4 percent, the best gain among 94 benchmark indexes tracked by Bloomberg after the Jakarta Composite Index.

Drugmakers, industrial and consumer-staples companies have led gains in Shanghai over the period, with traditional medicine maker Beijing Tongrentang Co climbing 7.6 percent. The MSCI All-Country World Index has tumbled 4.5 percent during the same period.

The gain is some respite for China's battered traders, who've endured a 44 percent plunge by the Shanghai index since last year's peak and MSCI Inc's refusal this month to add the nation's shares to its benchmark gauges.

Local individuals account for about 80 percent of trading, with foreign investors limited by quotas from buying and selling mainland equities.

"China's market is still a semi-closed one that isn't subject to too much in the way of fund outflows," said Wei Wei, an analyst at Huaxi Securities Co in Shanghai.

The Shanghai Composite closed at 2,931.59. The Hang Seng Index climbed 1.3 percent, with Cheung Kong Property Holdings Ltd and Bank of East Asia Ltd rallying at least 3.2 percent. The Hang Seng China Enterprises Index rose 0.4 percent.

Mainland buying of Hong Kong shares via an exchange link with Shanghai has accelerated in the past two months, with the total available quota dropping below 25 percent of the aggregate limit of 250 billion yuan ($38 billion).

The Chinese mainland restricts the access foreigners have to its stock markets, allowing only those with approved investment quotas to buy or sell yuan-denominated shares.

As of the end of May, 273 global investors were granted quotas for $81.1 billion under the qualified foreign institutional investor system, according to the nation's foreign exchange regulator. That's about 1.3 percent of the nation's market capitalization.

China Shipbuilding Industry Co advanced 4.1 percent in Shanghai on Wednesday, pacing gains for industrial companies, as it resumed trading for the first time in more than three weeks. The company plans to raise as much as 3.9 billion yuan through a private share sale to its parent and two affiliates to reduce debt, according to an exchange statement. China Railway Group Ltd and China Railway Construction Corp climbed at least 6.2 percent.

CK Hutchison Holdings Ltd, which generated 37 percent of its total earnings before interest and taxes from the UK last year, rose 1 percent in Hong Kong, while London-based Standard Chartered Plc advanced 1.9 percent.

China will release June economic data on Friday, starting with the Purchasing Managers Index.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 偷拍综合网| 亚洲最大网站 | 久久午夜国产 | 国产午夜精品一区二区三区 | 免费观看黄色小视频 | 69久久久 | 国产又黄又爽免费视频 | 久久精品99国产精 | 九月丁香婷婷 | 日本欧美日韩 | 午夜特片网 | 欧美在线观看不卡 | 国产精品爽爽 | 久久婷婷国产麻豆91天堂 | 色综合天天综合网天天狠天天 | 手机在线小视频 | 人人舔| 国产精品影院在线观看 | 日韩经典一区 | 久久高清国产 | 日日日人人人 | 九月色婷婷 | 亚洲我射av| 欧美久热 | 色av影院| 午夜香蕉视频 | 神马午夜精品91 | 国产成人午夜高潮毛片 | 国产专区视频 | 日韩欧美一区在线 | 成人免费看片98欧美 | 中文字幕在线观看1 | 色网免费 | 亚洲成人免费视频 | 亚洲天堂精品在线 | 亚洲成人精品一区二区 | 果冻传媒少妇借种av剧情在线 | 日韩在线视频播放 | 黄色的网址 | 亚洲免费一区二区 | 男人av在线 |