Hong Kong stock market will continue to invest in opportunities borderland

The Hong Kong stock market will usher in investment opportunities continue to the sina finance opinion leader (WeChat public kopleader) columnist Zhang Peng with the Shenzhen Hong Kong through the introduction of Shanghai and Hong Kong Shenzhen three unified market will be established, investment opportunities for institutional investors will usher in an excellent. Ample liquidity in the country, further exacerbate the shortage of assets and the devaluation of the renminbi is expected to strengthen the background, a large number of mainland funds will accelerate the south, the Hong Kong stock market in the short term will continue to usher in investment opportunities. The Hong Kong stock market will usher in sustained investment opportunities in Shenzhen and Hong Kong since yesterday officially launched the Shenzhen Hong Kong through global roadshow, the first roadshow attracted about 600 institutional investors and brokerage representatives. HKEx chief executive Li Xiaojia said in a media conference, tend to after mid November a Monday launch of Shenzhen tong. The author believes that with the Shenzhen Hong Kong through the introduction of Shanghai and Hong Kong Shenzhen three unified market will be established, investment opportunities for institutional investors will usher in an excellent. Ample liquidity in the country, further exacerbate the shortage of assets and the devaluation of the renminbi is expected to strengthen the background, a large number of mainland funds will accelerate the south, the Hong Kong stock market in the short term will continue to usher in investment opportunities. On the one hand, exacerbated by the problem of domestic assets, liquidity is still relatively abundant. In order to curb the spread of the property market bubble, not to endanger the security of national economy, the domestic 20 large and medium-sized city in the central to focus on the introduction of stringent just fierce property purchase credit limit measures, this will not only contain a second tier city housing prices is expected to ease the housing bubble, the excessive expansion of the situation, will make the asset shortage already the domestic further intensified. Liquidity, although the policy may be contracted, but overall still more abundant. Therefore, the relative excess liquidity and asset shortage will be forced to return the trend of hot money market. In the case of corporate earnings, interest rates, the progress of reform and other factors have not yet changed significantly, with the value of the Hong Kong stock market undervalued relative to the A-share market has clearly benefited A. Since June this year, the Hongkong Hang Seng Index rose 20% to become the world’s best performing stock market in the three quarter. Despite the eleven long after the Hong Kong stock market began to adjust, but from the Hong Kong and Shanghai AH premium index, the relative valuation advantage of Hong Kong stocks is still more significant. Net inflow of funds from the data point of view, Hong Kong stocks through the largest single day settlement amount over 20 billion yuan of funds, reflecting the strong momentum of the mainland funds to accelerate the south. Can be expected to continue to promote the capital in the mainland, the Hong Kong stock market in the future upside space is still greater than the downside. On the other hand, the devaluation is expected to continue to strengthen. Yesterday, the Bank fell below 6.73 yuan against the U.S. dollar, the lowest hit a record low of 6.7313 since September 2010. Day of the central parity of RMB against the U.S. dollar down 38 basis points, at 6.7296, continue to refresh more than a new low of 6 years, the highest in January to fall. As mentioned above, the Hong Kong stocks through the biggest one-day settlement amount over 20 billion yuan, close to the spot exchange rate of HKD RMB monthly transaction size, the formation of a unilateral city in a very short period of time, the disturbance of the offshore RMB exchange rate level, fueling the positive reinforcement of the devaluation of the renminbi is expected. RMB devaluation相关的主题文章: