high-technology companies: The projected net inflow would be almost double last year's net inflow of 300 billion yuan of overseas capital into the A-share market, according to Fang Xinghai, vice chairman of the China Securities Regulatory Commission, according to Global Times China. Fang told a recent forum that the increase is due in part to the inclusion of Chinese stocks to global indexes. Photo VCG China's stock market could attract as much as 600 billion yuan 88.6 billion in 2019, as investors eye opportunities in sectors ranging from high-technology companies to the real economy, after China vowed to further open up the financial sector and global indexes included Chinese stocks. Kang Chongli, director of the strategy department under Lianxun Securities, forecast a net inflow of 500 billion yuan into A shares this year, according to a report he sent to the Global Times on Tuesday. Just so far this year, more than 100 billion yuan worth of overseas capital has flowed into the A-share markets, according to figures calculated by Yang Delong, chief economist at the Shenzhen-based First Seafront Fund Management Co, in a report he released on Tuesday. In 2019, overseas investors have even quickened moves to pour capital into A shares.
(news.financializer.com). As
reported in the news.
Tagged under high-technology companies, strategy department topics.