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HONG KONG Mario Gomez World Cup Jersey , Sept. 25 (Xinhua) -- Southbound activities will gradually pick up in the next few years and bolster the Hong Kong stock market, according to a UBS report.

 

Some investors might have underestimated the potential market impact of southbound flow (investment from the Chinese mainland to Hong Kong stock market) on the Hong Kong market, citing low ownership share of southbound flow, said Spencer Leung, a UBS analyst Marco Reus World Cup Jersey , here on Monday.

 

The ownership of southbound flow will only increase slightly to 3.8 percent by the end of 2020 from 2.3 percent currently, but the investment logic and valuation methods that A-share investors have adopted will apply to the Hong Kong market, he said.

 

The very high turnover of southbound flow will boost the turnover of the Hong Kong equity market, leading the latter to become more momentum driven, he said.

 

The annualized turnover for cross-connect stocks will reach 70 percent and 80 percent by the end of 2019 Marc-Andre ter Stegen World Cup Jersey , compared with 57 percent in July this year and the overall market valuation will pick up as well, he said.

 

Non-southbound fund managers typically turn their entire portfolio once every two years, whereas southbound fund managers are 8.6 times faster, on average, than their non-southbound counterparts and often turn their entire portfolio a number of times a year Manuel Neuer World Cup Jersey , he said.

 

The Shanghai-Hong Kong Stock Connect was launched in late 2014 and the Shenzhen-Hong Kong Stock Connect in late 2016.

 

Southbound flow currently contributes around 16 percent of the trading volume of all the cross-connect stocks (about 87 percent of the Hong Kong equity market) and the figure is up from 12.5 percent in January this year, according to the report.

 

Workers set up large flower terrace on Tian'anmen Square in Beijing

 

Scenery of high-speed rail networks in south China's Guangxi

 

Military drill held near Turkish-Iraqi border in Sirnak

 

Autumn scenery of paddy fields in SW China's Guizhou

 

In pics: paddy fields across China

 

Scenery of high-speed rail networks in south China's Guangxi

 

Autumn scenery of Kanas scenic area in NW China's Xinjiang

 

10th Pink Ribbon Charity Walk held in Switzerland


One of the greatest inventions of the 21st aeon is the iPod, fabricated by apple. An iPod is a baby portable, walkman-like mp3 amateur with a harder deejay inside. Harder deejay sizes alter but appear up to 60 gigabyte. A 60 GB harder deejay calmly fits bags of top superior abounding music albums. Image accepting all your music at hand, no amount area you go!

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Wushu, Accepted as Olympic Game Event

Author: lily007




Wushu is practised all over China and is an important component of the cultural heritage of the country. Most visitors to China are deeply impressed by the tremendous popularity of wushu in this country. If you take a walk in the morning, you will see people practicing wushu barehanded or with weapons in parks, at the shore, or on roadside open grounds. Marked by callisthenic beauty and rhythm Karim Bellarabi World Cup Jersey , their movements follow set patterns that are designed more for health-building than for self defense.

 

Wushu, which is sometimes called kung fu abroad, has developed over a long historic period. It can be traced back to pre-historical times. In order to survive the extremely hostile environment, our ancestors have to learn some primary means of attack and defense to fight against wild animals and among themselves. Moreover, they generally knew how to fight with wea. Cheap Flames Jerseys Cheap Devils Jerseys Cheap Canucks Jerseys Cheap Washington Capitals Jerseys Cheap Team Canada Hockey Jerseys Wholesale Blues Jerseys Wholesale Houston Texans Jerseys Wholesale Baltimore Ravens Jerseys Wholesale Carolina Panthers Jerseys Wholesale Green Bay Packers Jerseys


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