Hong Kong stock market outlook, the potential banking centers infinite or into China.

<P>: Http:// News, Hong Kong stocks hit a two-day off hundreds of billions of turnover, market speculation private equity funds is to promote the mainland, but JP Morgan Securities Frank Gong, head of China research that, the new volume of the main European and American funds, .Because a large number of mainland capital can not adjust so quickly to Hong Kong, Europe and America before the clearing of funds to avoid risk, and now a change in attitudes, positive holdings in Hong Kong listed Chinese shares. .</ P> <P> billion traded funds in Europe and America as the main </ P> <P> said Frank Gong, China (economy) than to grow, and (in the capital stock) also have earnings growth and profitability growth, equity .return would be improved, dividend yield and payout ratio are high. .He said: "This is the basic factor, which is why we are so optimistic about China." He also refers to the Hong Kong-listed China stocks, or H shares, stock performance is still underperforming the global emerging markets. .</ P> <P> He pointed out that, AH shares will be long the spread, but both Hong Kong and the mainland authorities of the two stocks in the arbitrage mechanism, is expected to narrow the price gap between AH, given the A share price is generally higher than H shares ., A rise in shares has been increased by stimulation of H shares, having a H shares in a good position. .He also suggested investors to absorb the cycle stocks, such as raw materials, energy and commodity stocks. .</ P> <P> rising market and the return of the 10th anniversary of coincidence </ P> <P> in many shares, he preferred to Sinopec (0386), Chalco (2600), China Shenhua (1088), Yanzhou .Coal Industry (1171), Chongqing Iron & Steel (1053) and Guangzhou Shipyard International (0317). .</ P> <P> Hong Kong stock volume and price go marks the 10th anniversary of reunification, will be repeated 97 years later plunged the tragedy of madness? .Frank Gong stressed that mainland enterprises listed in Hong Kong generally strong fundamentals, the recent large rise city and return to the 10th anniversary of a coincidence, do not have the financial crisis and slump city appears. .Hong Kong could become the country's financial center </ P> <P> the Central further relaxed QDII overseas investment, but the local industry that the 30 billion to 50 billion U.S. dollars in the local market will have minimal impact on the size, Frank Gong stressed, QDII in Hong Kong has just begun, having a potential infinite .Hong Kong can seize the opportunity to become China's wealth management center. .</ P> <P> </ P>.