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

Equity index futures next in stock link

Updated: 2015-01-22 04:51

By Celia Chen in Hong Kong(HK Edition)

  Print Mail Large Medium  Small

Equity index futures will be included in the Hong Kong-mainland stock cross-trading link in the coming months, according to Charles Li, chief executive officer of Hong Kong Exchanges and Clearing Ltd.

"Without equity index futures, the dual stock-linking program is imperfect," said Liao Qun, chief economist at China CITIC Bank International. "Equity index futures, as one kind of important equity derivatives, are expected to be connected in both markets first after their linkup as they are essential parts in improving the dual stock connecting program," he said.

Equity index futures next in stock link

Equity index futures - a futures contract on stocks - are expected to help investors hedge their risks and invigorate trading activities in both markets. "It would be a helpful tool for smoothing the transition to greater A-share inclusion within global market indices, such as the Morgan Stanley Capital International Emerging Market Index," Li said.

To put it simply, equity index futures could be incorporated into the program through two ways - via cross-border licensing of index benchmarks or through the more comprehensive method of allowing cross-border trading.

"If the stock-linking programs with Shanghai and Shenzhen are two legs in the opening up of the mainland's stock markets, the linkup of equity index futures is as crucial as the waist," Li stressed.

Besides equity index futures, the linkup of commodities markets is addressing urgent needs. Notwithstanding the fact that the mainland is today the largest consumer and producer across a number of commodity classes, it is frustrated that it still feels like a "price taker" rather than a "price setter". Experts view that if the mainland truly intends to secure its rightful place in influencing international commodity prices, it will need to take bold action and allow its capital and products to go international and exercise its influence in global markets.

"Commodities futures will be an important tool in helping investors to hedge risks in both markets. But the risks of investing in the Shanghai-Hong Kong stock link program are comparably low as the current turnover on the stock connect is not high," said Liao. "Expanding the turnover should be the priority now."

Nevertheless, Huang Hongyuan, chief executive of the Shanghai Stock Exchange said he expects the daily turnover in southbound trading via the program to increase with mainland retail investors getting more familiar with Hong Kong's stock trading systems.

celia@chinadailyhk.com

(HK Edition 01/22/2015 page8)

主站蜘蛛池模板: 欧美成人精品一区二区三区 | 丁香六月色婷婷 | 久久久久久久久久久久国产精品 | 99午夜视频 | 成人久久久 | 欧美精品一区二 | 国产精品成人网 | 久久久亚洲天堂 | 成人日韩欧美 | 五月婷婷一区二区 | av一区不卡| 婷婷午夜精品久久久久久性色av | 免费一级片在线观看 | 黄色片网站免费看 | 欧美日韩免费做爰视频 | 天天干天天玩 | 国产在线精品视频 | 变态 另类 国产 亚洲 | 亚洲美女免费视频 | 久久国产精品网站 | 国产无套免费网站69 | 国产精品污www一区二区三区 | 人人澡人人射 | 殴美一级特黄aaaaaa | 日韩午夜精品视频 | 亚洲毛片在线观看 | 91爱爱网站 | 4438亚洲最大 | www.精品国产 | 亚洲精品综合 | 国产精品久久久久久精 | 午夜毛片视频 | 韩国午夜激情 | 日韩中文久久 | 香蕉视频污视频 | 一级欧美视频 | 天堂av在线资源 | 米奇7777狠狠狠狠视频 | 成年人视频网 | 国产男女猛烈无遮挡在线喷水 | 97国产在线 |