Cancel the limit induced by Shanghai and Hong Kong through the 24650 point potential index haywire

Cancel the limit induced by Shanghai and Hong Kong through at the 24650 potential HSI Sina Hong Kong columnist Cen Zhiyong WeChat public number (xlgg-sina) the author had earlier pointed out that the focus of the Shenzhen Tong, is no longer a general limit, and at the same time the abolition of restrictions related to Shanghai and Hong Kong, disguised as foreign investors to open up a little in the A shares of the channel, at the same time to enter the Hong Kong stock market channel for mainland investors to open up a little. The Hang Seng Index in the weeks to repeat, direct deduction of 24000 points, the trend of strong. The Hang Seng Index and in which the valuation should be flat, the former is expected this year to 13.11 times earnings, the latter is expected this year to 8.71 times earnings, is almost the world’s most expensive market, but it is not something new today. That is not why the Hong Kong stocks recently appeared behind the trend? I believe that the following reasons. First, the U.S. interest rate hike is expected to slightly cool. Although the Fed chairman Yellen and a number of officials are "export", issued a statement to support interest rate hike. However, the recent U.S. economic data released so repeatedly, such as the August ISM non manufacturing index fell from 55.5 in July to 51.4, the lowest since February 2010; August payrolls increased 151 thousand, lower than the expected increase of 180 thousand; July factory orders growth of 1.9%, lower than the expected 2%. Due to poor economic data is expected to raise interest rates investors are expected to cool. From the timing point of view, the U.S. Federal Reserve Board on September 21st, November 2nd and December 14th, while the U.S. presidential election day in the year of November 8th. Reference to the past 3 U.S. presidential election before the trend of U.S. stocks, generally good, if the history will repeat, I believe this year will not be an exception. It is inferred that the Fed’s interest rate hike before the U.S. presidential election should not be high, the fastest will have to move after the election. According to interest rate futures data, investors expect interest rate hike in December 14th was 58.5%. Because the United States is expected to raise interest rates to cool, to support the global stock market to improve, Hong Kong stocks can benefit. No amount limit release Shanghai and Shenzhen Tong is expected to open the second potential. The author pointed out earlier, one of the key Shenzhen Tong, is no longer a general limit, and at the same time the abolition of restrictions related to Shanghai and Hong Kong, disguised as foreign investors to open up a little in the A shares of the channel, but also for mainland investors to open up a little in the Hong Kong stock market channel. In the original through qualified domestic institutional investors (QDII) system to enter the Hong Kong stock market in the mainland insurance industry, recently began to enter the Hong Kong stock through Shanghai and Hong kong. Chinese CIRC issued "on the insurance funds to participate in the pilot through Hong Kong regulatory caliber" means the day before, the mainland insurance funds can enter the market in Hongkong via Shanghai and Hong Kong. Because these funds are managed by institutional investors, I believe the investment will be different from the previous taste, the opportunity to increase the value of the investment elements. Third devaluation expectations. The International Monetary Fund (IMF) last year has decided to include the yuan in the SDR (SDR) basket, which will take effect in October 1st. Recently)相关的主题文章: