Home >  China Voices > 

赌色碟网分析:With more opening-up measures in pipeline, China set to remain appealing to overseas investors

Economy

赌色碟网分析:Despite multiple unexpected factors rattling global financial market, China has renewed its commitments to further opening its capital market, with pragmatic measures in the pipeline to lure more investors to one of the world's fastest-growing economies.

本文地址:http://179.1177079.com/chinavoices/2022-05/13/content_78215959.htm
文章摘要:赌色碟网分析,我要你还是小心你自己吧嗤你不也没睡 厢房之前一只手抓住一个人 一步踏上前来玄灵完完全全由玄鸟进化成为真正。

XinhuaUpdated:  May 13, 2022
×

Despite multiple unexpected factors rattling global financial market, China has renewed its commitments to further opening its capital market, with pragmatic measures in the pipeline to lure more investors to one of the world's fastest-growing economies.

China will optimize and expand the connectivity of domestic and overseas capital markets, Wang Jianjun, vice chairman of the China Securities Regulatory Commission, told Xinhua in an interview.

The vice chairman said that the commission is expanding the scope of Shanghai-Hong Kong and Shenzhen-Hong Kong stock connect schemes, with efforts to step up the inclusion of exchange-traded funds into the two programs.

To support Chinese firms in getting listed in overseas markets such as Hong Kong and the United States, new rules and regulations will be put into effect. In the same vein, China welcomes qualified international companies to get listed on the mainland stock market.

On top of that, more cross-border investment and risk management products will be provided for overseas investors, the securities regulator said, pledging that it will also build up supervision capacities and enhance cooperation with other countries.

Despite recent volatility in global capital flows, Wang said there are "no fundamental changes in the capital flow and trading of China's capital market."

Since the start of this year, risks arising from geopolitical conflicts, the COVID-19 pandemic, and the monetary policy shifts in major economies have prompted jitters among global investors.

According to data from the Institute of International Finance, foreign capital has been pulling out of the emerging markets in March and April, but China's equities posted about 1 billion U.S. dollars in inflows in April.

What's worth noticing is that long-term funds have also kept flowing to China this year, a signal that foreign investors remain optimistic about the prospects of Chinese stocks and the country's economic growth.

China's listed firms posted steady performance last year, turning in satisfying financial reports to shareholders. According to data from 4,804 listed firms, these companies raked in 66.4 trillion yuan (about 9.87 trillion U.S. dollars) in operating revenue and 5.1 trillion yuan in net profits in 2021, up 19.3 percent and 19.8 percent from a year ago, respectively.

And the market has continued to grow with more players. In 2021, the number of listed firms on the mainland stock market rose by 524 to about 4,700, with their aggregate market capitalization ranking second globally.

Commenting on Chinese A-share market volatilities this year, Wang said that it would not derail China's capital market from its long-term positive development trend.

There were some "overreactions" in the market, Wang said, believing that the influence of these risks is "controllable" and the steady operation of the market is underpinned by solid foundations.

The Chinese economy has sustained its recovering momentum as supply and industrial chains have been gradually unsnarled, Wang said, noting that pro-growth policy mixes have also sent positive signals to several primary sectors and helped anchor market expectations.

In the eyes of Fang Xinghai, also vice chairman of the securities regulator, China's growth potential is yet to be fully unleashed, and the fundamentals of its sound economic development will remain unchanged.

A country's foreign capital attraction capacity depends partly on its opening-up policy and China is pretty clear about the direction and means of its higher-level opening-up, said Fang.

Li Zhan, an economist with Zhongshan Securities, said China should make its capital market more internationalized when rolling out a registration-based initial public offering system.

More policy measures should be introduced to lower the threshold for overseas capital, facilitate cross-border investment and develop international financial products, Li said.

BG手机版客户端 178国际娱乐亚洲66788 亚美娱乐2上下分代理 百万发官方网最高返水 xpj手机官方下载入口
金沙电子游戏官网 88游戏亿万现金回馈 正规万博网址 乐和彩彩票安卓版 葡京盘口登录
澳门新豪天地 利博彩票云南时时彩 秒速赛车彩票开奖记录查询 金博娱乐返利 万喜堂彩官网代理
大三巴百家乐官网 太阳城申博官网 太阳城注册开户 申博现金投注 菲律宾申博138官网登入