China's stock market to raise 80 billion U.S. dollars this year.

According to http:// <P> newsletter since last year, driven by the bank listed the Mainland and Hong Kong IPO and write a new record, reaching the world's first. .JP Morgan yesterday predicted that this trend will be continued this year, is expected to Mainland and Hong Kong IPO and secondary market sale will total more than 80 billion U.S. dollars. .IPO in Shanghai and Shenzhen, with total financing of the secondary market for sale, will exceed twice that of Hong Kong. .Jing Ulrich, Chairman of JPMorgan Chase China Equities analysts pointed out yesterday, in 2006, mainland China and Hong Kong initial public offering, IPO raised a total of 610 billion U.S. dollars, ranking first in the world. .London last year ranked second in the 490 billion U.S. dollars, the United States together all markets, including Nasdaq and the NYSE, a total of 480 billion U.S. dollars. .2007, Mainland China and Hong Kong markets combined will remain world number one. .She believes that, IPO and secondary market for sale after the merger, the Mainland and Hong Kong markets will reach 80 billion U.S. dollars the amount of funding. .But the difference is that in previous years, the Shanghai and Shenzhen IPO with total financing of the secondary market for sale, will exceed twice that of Hong Kong. .In this trend, China's bank loans will no longer be the leading financial markets. .According to JP Morgan Chase reported that bank lending in 2005 92% of the total amount of financing, accounting for 6% of the offshore equity, domestic equity and debt financing, respectively, of the total amount of 1%. .Last year the proportion of non-bank financing has a significantly improved, the proportion of bank loans dropped to 84%. .This means that the capital market will gradually usher in a new development of China's banking sector to reduce the constraints on long-standing corporate clients. .In addition, the Chinese A-share price of financial stocks listed on your side now, all the A shares of financial stocks listed on Hong Kong's H shares than the more expensive, the world's emerging markets and developed markets are combined, the Chinese financial market .Share prices are regarded as the most expensive. .This was mainly due to two tax merger will benefit the financial sector policies, and improve the profitability of making high bad debt situation improved. .Besides watching the development of domestic capital markets, JP Morgan Chase is also relatively high to see the trend of Hong Kong's capital market this year. .The latest report, JP Morgan this year's goal of China's H share index increased from 10,500 to 12,000 points, that another 16% upside. .JP Morgan economist Frank Gong, chief China that, over the past two years, the quality of economic growth in China has undergone fundamental changes. .China's stock market is not just a high growth market, its profitability will also continue to improve. .</ P>.