• [酷]此文已经把马克思理论、边际理论、人类需求层次理论、生物学理论、心理学理论、社会管理学理论等理论在哲学层面完美融合了! 2019-07-14
  • “翠微杯·我的军旅生涯”摄影大赛征稿 2019-07-14
  • 【理上网来·喜迎十九大】精神之“钙”是拒腐防变的良药 2019-06-19
  • 如何制作、存储腌腊肉?闻着有“哈喇味”就千万别吃了 2019-06-19
  • 网络智库:山西制造需要补齐职业教育的短板 2019-06-15
  • 20年后中国受过高等教育人口达到3.5亿,比美国总人口还多,硕士生将达到2千5百万,博士2百万。这就是20年后中国的实力,这也是人类进步,建议美国平静接受,没必 2019-06-10
  • 办个房产证 也要惊动省委书记? 2019-06-10
  • 成自泸高速货车冲到对面车道侧翻 致1死9伤 2019-05-20
  • 地铁上索座不成 蛮横老汉掌掴大妈 2019-05-16
  • 厦门出现不打烊的便民服务站 2019-05-14
  • 6月21日18时7分“夏至”:昼长夜短,一阴始生 2019-05-14
  • 回复@老老保老张工:伪高工连计划经济的概念都没搞懂,只能说是跟着混了几十年!想继续混?没门儿! 2019-05-11
  • 中央环保督察反馈意见指出76个问题 湖南整改完成54个 2019-05-09
  • 西宁市城西区政企联合招商中心暨绿地分中心揭牌成立 ——凤凰网房产北京 2019-05-09
  • 农民特别保守,将自己土体的主人,变成国家的佃户,非常保守 2019-05-06
  • Global EditionASIA 中文双语Fran?ais
    Business
    Home / Business / Finance

    江西十一选五走势图: ETF link kicks off at Shanghai bourse

    By Shi Jing | China Daily | Updated: 2019-06-26 07:28
    China-Japan ETF Connectivity scheme official launches on June 25, 2019. [Photo/IC]

    山东十一选五 www.rtbce.com The Chinese capital market accelerated its opening-up with the official launch of the China-Japan ETF Connectivity scheme on Tuesday, allowing investors in both countries to invest in each other's exchange traded funds market.

    At the launch ceremony held at the Shanghai Stock Exchange on Tuesday, four China-Japan ETF connectivity products started trading at the Shanghai bourse. The products were rolled out by four Chinese fund companies-E Fund Management, China Asset Management, China Southern Asset Management and HuaAn Funds.

    It took less than 10 months for the connectivity scheme to start trading. The SSE signed a memorandum of understanding with the Japan Securities Group in October to study the feasibility and make joint efforts to realize China-Japan ETF Connectivity.

    In late April, the two parties signed a further agreement at the first China-Japan capital market forum to allow cross-listing of ETF products on the bourses of both countries.

    With that, qualified institutional investors in China and Japan were allowed to set up cross-border funds to invest in ETF products in either country.

    Also unveiled on Tuesday were four ETF connectivity products introduced by the Japanese companies Nomura Asset Management, Nikko Asset Management, Mitsubishi UFJ Kokusai Asset Management and Asset Manage One. The four products are traded at the Tokyo Stock Exchange.

    Fang Xinghai, vice-chairman of China Securities Regulatory Commission, said at the launch ceremony that China-Japan ETF Connectivity, together with the Shanghai-London Stock Connect launched on June 17 and FTSE Russell's inclusion of the A shares implemented on June 21, indicated that China has accelerated its capital market opening-up.

    China-Japan ETF Connectivity scheme official launches on June 25, 2019. [Photo/IC]

    By working with various capital markets, China aims to make its own capital market more regulated, transparent, open, dynamic and resilient.

    He also stressed that the China-Japan ETF Connectivity, which is mutually beneficial cooperation between the world's second and third-largest economies, is of great importance at a time of rising trade protectionism in the world.

    Miyahara Koichiro, chief executive officer of the Tokyo Stock Exchange, said that the connectivity scheme will activate cross-border trading between China and Japan and deepen cooperation between the capital markets of the two countries.

    SSE General Manager Jiang Feng said that the Shanghai bourse will continue its cooperation with Japan Exchange Group in addition to the ETF connectivity program. The SSE will also seek opportunities to team up with stock exchanges in other markets to facilitate the two-way opening-up of the Chinese capital market.

    Japanese assets account for a relatively small part of the domestic investment portfolio of qualified domestic institutional investors funds in China.

    By the end of 2018, only 13 Chinese QDII funds had Japanese assets included, with a total market value of around 77 million yuan ($11 million), according to market tracker Wind Info. This accounted for 9.93 percent of the net value of all funds.

    Liu Junwei, senior analyst at Everbright Securities, said that the ETFs in Japan will help to diversify risks as there were limited products currently targeting the Japanese market. With the moderate pickup of Japan's economy and its central bank's bulk investment, product performance can be predicted with certain stability.

     

    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
     
  • [酷]此文已经把马克思理论、边际理论、人类需求层次理论、生物学理论、心理学理论、社会管理学理论等理论在哲学层面完美融合了! 2019-07-14
  • “翠微杯·我的军旅生涯”摄影大赛征稿 2019-07-14
  • 【理上网来·喜迎十九大】精神之“钙”是拒腐防变的良药 2019-06-19
  • 如何制作、存储腌腊肉?闻着有“哈喇味”就千万别吃了 2019-06-19
  • 网络智库:山西制造需要补齐职业教育的短板 2019-06-15
  • 20年后中国受过高等教育人口达到3.5亿,比美国总人口还多,硕士生将达到2千5百万,博士2百万。这就是20年后中国的实力,这也是人类进步,建议美国平静接受,没必 2019-06-10
  • 办个房产证 也要惊动省委书记? 2019-06-10
  • 成自泸高速货车冲到对面车道侧翻 致1死9伤 2019-05-20
  • 地铁上索座不成 蛮横老汉掌掴大妈 2019-05-16
  • 厦门出现不打烊的便民服务站 2019-05-14
  • 6月21日18时7分“夏至”:昼长夜短,一阴始生 2019-05-14
  • 回复@老老保老张工:伪高工连计划经济的概念都没搞懂,只能说是跟着混了几十年!想继续混?没门儿! 2019-05-11
  • 中央环保督察反馈意见指出76个问题 湖南整改完成54个 2019-05-09
  • 西宁市城西区政企联合招商中心暨绿地分中心揭牌成立 ——凤凰网房产北京 2019-05-09
  • 农民特别保守,将自己土体的主人,变成国家的佃户,非常保守 2019-05-06
  • 三d彩票论坛首页 中国福彩网双色球开奖号 澳门五分彩在哪里开奖 广东好彩1几点开奖结果查询 多乐彩大赢家使用方法 辽宁11选5有假吗 买体彩25选5 大公开一码中特 香港赛马会王中王网站 毒胆童子三天计划独胆 篮球让分胜负怎样定温胆 新疆18选7连线走势图 内蒙古11选5的开奖结果走势图 老炮儿玄机单双中特 体彩6+1开奖