Sunday, December 12, 2010

A rush to raise QFII stock crash highlights the value of investments of foreign capital in the eyes.

<P>: Http:// hearing, with the Shenzhen and Shanghai for several days of significant adjustments in foreign eyes A shares have highlighted the value of certain investments. .It is reported that the Hang Seng Bank QFII investment quota has been exhausted, is applying for an increase of 1 billion U.S. dollars. .Meanwhile, Citigroup China economist Shen Ming Gao told reporters yesterday, overwhelmed by the adjustment of A shares is healthy, is still optimistic about the A shares and long-term trend. .</ P> <P> Recently, the Executive Director and the Hang Seng Hang Seng Bank (China) Vice Chairman Patrick Chan said the bank's 100 million U.S. dollars has been spent QFII quota, currently is applying for an increase of 1 billion QFII investment quota. .He said the Hang Seng China will expand financial services in China, mainland companies are seeking joint venture to jointly develop the insurance, fund management and securities business. .</ P> <P> Shen Ming Gao is on the A shares, said long-term bullish trend. .He said that according to its estimates, A shares fell 30%, will reduce the retail index by 3 percentage points lower GDP growth rate by 1 percentage point, while the mainland real estate to a certain extent, become the outlet for excess liquidity. .This is undoubtedly harmful to the Chinese economy. .In fact, including foreign institutions, including Citigroup has been on China's economy and stock market remain optimistic long-term trend, the adjustment did not significantly lighten up. .The most obvious sign is that, from the May 30 date, foreign investment is concentrated in the H shares did not follow the A shares fell, this time with the Feb. 27 different situations. .Because the crash was unclear reasons, foreign investment and lighten up with the trend, but the reasons for the crash clear, it will not change the QFII's long-term investment strategy. .</ P> <P> previously, including Goldman Sachs, Credit Suisse, CLSA, and many economists had QFII A share the same sing the air. .In addition to Credit Suisse economist Dong Tao, chief Asia-Pacific stock index could predict the next 3 months below 3,000 points, most of whom predicted A shares 20% -30% will face the callback. .But yesterday it was also admitted that completely did not expect to actually adjust the way so "tragic." .</ P>.

No comments:

Post a Comment