Total Amount Management Of RMB Cross-Border Investment Quota In China

< p > the China Securities Regulatory Commission and the Hongkong securities and Futures Commission issued a joint announcement, and approved the Shanghai stock exchange, The Stock Exchange of HongKong Limited, China Securities Depository and Clearing Co., Ltd. and Hongkong Central Clearing Co., Ltd. to carry out the pilot exchange mechanism of Shanghai and Hong Kong stock market pactions (referred to as Shanghai and Hong Kong).

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< p > according to the announcement, Shanghai and Hong Kong will officially open in 6 months.

At that time, investors from both places can buy and sell shares in the prescribed range of the Shanghai Stock Exchange and the Hong Kong stock exchange through local brokerages.

However, in the initial stage of the pilot, the total amount of institutional investors and securities accounts and capital account balances should be no less than 500 thousand yuan of individual investors.

In addition, at the initial stage of the trial, the two stock exchanges had restrictions on the trading scope and trading volume of stocks.

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< p > < strong > read < a href= > //www.sjfzxm.com/news/index_cj.asp > Shanghai and Hong Kong pass < /a > < /strong > /p >

< p > < strong > 1. interworking content < /strong > < /p >

< p > Shanghai and Hong Kong through the Shanghai Stock Exchange and Hong Kong stocks through two parts.

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< p > the Shanghai stock exchange refers to the investors entrusting the Hongkong securities company to make a declaration to the Shanghai stock exchange through the securities trading service company established by the Hong Kong stock exchange.

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< p > < strong > 2. paction scope < /strong > /p >

< p > in the initial stage of the pilot, the Shanghai Stock Exchange covers only the constituent stocks of the Shanghai Stock Exchange Shanghai composite index 180, the Shanghai Stock Exchange 380 index, and the A+ H-share listed companies listed on the Shanghai Stock Exchange. The stock range of Hong Kong stocks includes the Hong Kong Stock Exchange Hengsheng general stock index, the constituent stocks of the Hang Seng comprehensive medium cap index, and the shares of A+ H-share listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange at the same time.

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< p > < strong > 3. paction volume < /strong > < /p >

"P > < strong > < /strong > /p >

< p > < strong > < a > href= > //www.sjfzxm.com/news/index_cj.asp > > early > /a > the trend of stocks is weak < /strong > /p >.

< p > yesterday, blue chip stocks and A+H stocks were eye-catching, driving the two cities to accept red.

In early trading today, the Shanghai and Shenzhen two cities opened low, and the Shanghai stock index reported 2130.37 points, down 0.18%.

Yesterday's soaring A+H stocks weakened in early trading, while China Life rose 0.07%, while China COSCO, China Railway, China Ping An, China Pacific Insurance and so on all fell.

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< p > < strong > > a href= "//www.sjfzxm.com/news/index_cj.asp" > A shares < /a > capital or diversion < /strong > /p >

< p > Huang Jianzhong, associate professor of investment and Insurance Department of Shanghai Normal University business school, believes that the investment market in Hongkong is relatively mature and there are many ways to invest in the territory. Therefore, Shanghai and Hong Kong have greater influence on the A share market.

If the Hong Kong stock market trend is stronger than that of A shares, the capital market of the mainland capital market will flow out in the future.

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In the initial stage of pilot P, total amount management of RMB cross-border investment quota was implemented, and daily quota was set up to implement real-time monitoring.

Among them, the total amount of Shanghai Stock pass is 300 billion yuan, the daily amount is 13 billion yuan, the total amount of Hong Kong stock is 250 billion yuan, and the daily amount is 10 billion 500 million yuan RMB.

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< p > < strong > stockholders < /strong > /p >

< p > < strong > qualification is not enough first to wait and see < /strong > < /p >.

Reporters interviewed several investors on the morning of P. They were generally optimistic about the market impact brought by Shanghai and Hong Kong.

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< p > when investors were asked whether they would be involved in the investment, they said they would be cautious.

"This will not come out until June. It's still early.

In addition, it requires more than 500 thousand of personal funds to participate. For our small retail investors, we are not qualified enough. Let's wait and see. "

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