2015-05-24

Tsinghua Forum Discusses China's Financial Future; Stock Connect Will End

Financial dos and don'ts under 'new normal'
China's heavy weights in the financial market are gathering at Beijing's Tsinghua university to discuss how the sector has fared amid economic headwinds and the challenges lying ahead. Talks kicked off on Saturday. In a global finance forum focusing on the new thinking, new trends, new practices, and new dynamics of China's financial reforms.

iFeng: 祁斌:未来五年是资本市场开放的重要窗口期 (Qi Bin: Next Five Years an Important Period For Capital Market Liberalization)
Our openness to emerging markets as good as they surrounded the market share of foreign investment is 20% -30% , we opened Hong Kong and Shanghai through, for over ten years QFII and RQFII after the opening has only 1.69 . March this month I went to Wall Street to do road shows, recommended Chinese capital market, it is hoped that global institutions are involved, I came back 15 years, 15 Chinese market has undergone great changes within the year, the US market has also undergone great changes, I leave when the Dow Jones is eight thousand points, is now eighteen thousand points. The world's largest capital market, the second largest capital market, but they are still isolated between the Chinese capital on Wall Street is far below the 1.69% share , we see this trend is unsustainable, there will be more two-way capital flows occur.

This figure is relatively obvious defect characterization market. For example, market volatility is relatively high, one of the factors to be improved because investors structure, the proportion of retail or individual investors holding only 25% , but contributed nearly 90% of trading volume, so the market volatility is relatively high.

Li Jiange said the stock connect was created because the RMB is not convertible, but once it is convertible, the connect will disappear.
iFeng: 李剑阁:A股游戏规则是中国特色的游戏规则

No comments:

Post a Comment