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 rally to 7-month high

By CAI XIAO (China Daily) Updated: 2016-08-16 06:50

China stocks rally to 7-month high

Investors?follow stock information at a brokerage house in Nanjing, East China's Jiangsu province, August 15, 2016. [Photo/IC]

Chinese stocks climbed to a seven-month high on Monday amid optimism about the upcoming Shenzhen-Hong Kong Stock Connect and speculation about property merger and acquisition activity.

The Shanghai Composite Index surged by as much as 2.44 percent, closing at 3,125.2 points, led by financial companies and property developers. Nine real estate companies, including China Vanke Co, Langfang Development Co and Huafa Industrial Co, climbed by the daily limit as the top performers in the market.

The Shenzhen Component Index rose by 2.79 percent, while the ChiNext startup index climbed by 3.27 percent.

"The upcoming Shenzhen-Hong Kong Stock Connect might be the biggest news in the market, which explains today's strong performance," said Hong Hao, chief strategist at BOCOM International Holdings Co.

Hong said there are many technology companies listed in Shenzhen, and they will be attractive to investors in Hong Kong when the stock connect is launched.

The China Securities Regulatory Commission said on Friday that securities regulators of the Chinese mainland and Hong Kong are working closely with the Shenzhen Stock Exchange and Hong Kong Exchanges and Clearing Ltd for the launch of the long-anticipated stock connect program.

The stock connect is a cross-border investment program modeled after the Shanghai-Hong Kong Stock Connect, which was launched in November 2014 so mainland investors could buy Hong Kong stocks, and vice versa.

Meanwhile, Dong Dengxin, a finance professor at Wuhan University of Science and Technology, said the stock market climbed on Monday as China Evergrande Group fueled optimism that the pace of merger and acquisition activities in the property industry will accelerate.

Evergrande, which boosted its stake in Langfang to 15 percent in the past four months, plans to further increase its holdings and hasn't excluded the possibility of obtaining control of the company, Langfang said on August 10.

Evergrande bought a 5 percent stake in Vanke, the nation's largest residential developer, earlier this month.

Hong said the valuation of real estate companies such as Vanke and Langfang is comparatively low, so more mergers and acquisitions might be undertaken.

China stocks rallied on Monday as investors bet that disappointing economic data for July would prod Beijing to unleash fresh stimulus measures, Reuters said.

But Hong said the central government is unlikely to carry out stimulative measures, since the market was not short of money and Chinese leaders have pledged to curb asset bubbles.

Dong said the Shanghai Composite Index of 3,125.2 points was sensitive, as many investors who suffered from the stock slump last year would sell their shares at that level.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产肥老妇视频 | 久久综合免费视频 | 天天久久| 成人爱爱网站 | 久热香蕉视频 | 国产成人精品久久二区二区 | 久久久久久久中文字幕 | 91精品国产综合久久久蜜臀 | 啪啪无遮挡| 在线看中文字幕 | 三上悠亚作品在线观看 | 激情豪放女 | 久久久久少妇 | 天堂久久网 | 96精品国产 | av在线天堂| 不卡的日韩av | 亚洲国产精品免费在线观看 | 精品一区二三区 | 黄色一级免费片 | 亚洲一区久久 | 台湾av在线播放 | 国产精品亚洲lv粉色 | 日韩a视频 | 日本www视频在线观看 | 性色av网 | 国产精品久久久久久久天堂第1集 | 久久中文免费视频 | 夜夜夜夜操 | 天天射寡妇 | 国产午夜三级 | 人人玩人人干 | 国产一区二区三区日韩 | 成人免费毛片aaaaaa片 | 亚洲伊人成人网 | 午夜视频在线观看免费视频 | 新av在线 | 亚洲欧美在线视频 | 99热这里| 日韩字幕在线观看 | 日韩在线视频网址 |