China's economic growth has slowed to the slowest pace in nearly 3 decades this year. This is a result of a shift to a new economy and a intensive trade war with the USA. There is also continued unrest in Hong Kong.
However, China's mainland stock market has outpaced the others in the world. The mainland stock market is made up of mainly domestic-oriented companies. The stock market is having a very good year. It has even been the best performing major stock index in the world.
Buying stocks directly in a foreign market like India or China is possible, but it may be harder than purchasing domestic shares. Investors can purchase American Depositary Receipts on U.S. exchanges, which are certificates that represent shares in a foreign company. China A-shares are now open to foreign investors.
China has A shares and B shares.
A shares, also known as domestic shares, are shares that are in Renminbi and traded in the Shanghai and Shenzhen stock exchanges, as well as the National Equities Exchange and Quotations.
B shares (officially Domestically Listed Foreign Investment Shares) on the Shanghai and Shenzhen stock exchanges refers to those that are traded in foreign currencies.
China's onshore stocks, called A shares, have delivered more than 37% total return for investors this year, based on the FTSE A share 200 index.
Some interesting figures:
- China's benchmark Shanghai Composite Index has risen 19% year to date
- Japan's Nikkei has gained 18%
- MSCI's index of Asian shares, excluding Japan, has risen 13%
- Hong Kong's Hang Seng is up 8%
- The S&P 500 has gained 23%
China's A shares received a big boost from the country's deregulation and market liberalization initiatives, the Chinese government's stimulus measures and particularly from increased weighting in MSCI's emerging markets index.
China has the second-largest stock market in the world. This market is growing fast. However, mainland Chinese stocks are still owned only by few outside China.
China's A shares may improve even more. Inclusion in MSCI's emerging markets index has been a major driver of inflows and more stocks are set to be added. MSCI wants to increase the A shares' weight in the EM index. MSCI inclusion is seen as a stamp of approval from the investment community that equities are safe.
Igor B News
ReplyDeleteTranslation: English to Chinese:
中國大陸股市一直表現良好
今年以來，中國的經濟增長已放緩至最慢的速度。這是轉向新經濟以及與美國進行激烈貿易戰的結果。香港亦持續動盪。
但是，中國大陸股市已超過世界其他股市。大陸股票市場主要由面向國內的公司組成。股市表現非常好。它甚至是全球表現最好的主要股指。
可以在印度或中國這樣的國外市場直接購買股票，但可能比購買國內股票更難。投資者可以在美國交易所購買美國存託憑證，這是代表外國公司股票的憑證。中國的A股現在向外國投資者開放。
中國有A股和B股。
A股，也稱為國內股票，是指在上海和深圳證券交易所以及國家股票交易所和報價交易所買賣的人民幣股票。
上海和深圳證券交易所的B股（境內上市的外資股）是指以外幣交易的B股。
根據富時A股200指數，中國在岸股票A股今年為投資者帶來了37％以上的總回報。
一些有趣的數字：
迄今為止，中國基準的上證綜指已經上漲了19％
日本日經指數上漲18％
MSCI亞洲股票指數（不包括日本）上升了13％
香港恆生升8％
標普500指數上漲23％
中國的A股獲得了極大的提振，這得益於其放鬆管制和市場自由化舉措，中國政府的刺激措施，尤其是MSCI新興市場指數權重的提高。
中國擁有世界第二大股票市場。這個市場正在快速增長。但是，中國大陸的股票仍然只有很少的中國以外的人擁有。
中國的A股漲幅可能更大。納入MSCI的新興市場指數一直是資金流入的主要驅動力，並且還將增加更多的股票。 MSCI希望增加EM指數中A股的權重。納入MSCI被視為投資界認可股票安全的標誌。