三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Markets up after Trump election victory

By LI XIANG | China Daily | Updated: 2016-11-11 06:21

Markets up after Trump election victory

Stock investors watch market information at a brokerage house in Nanjing, Jiangsu province, Nov 10, 2016. [Photo/IC]

Stocks declined on news of poll success, but recovered as focus moved to fundamentals

Chinese stocks rallied on Thursday as investors' sentiment recovered quickly from the initial panic selling triggered by Donald Trump's victory in the US presidential election.

Analysts said that investors would soon refocus on economic fundamentals and will start assessing the long-term impact of Trump's victory on the US economic policy.

The benchmark Shanghai Composite Index rose by 1.37 percent to close at 3171.28 points. The Hang Seng Index in Hong Kong rebounded by 1.89 percent from a three month low to close at 22839.11. The US market also more than recovered, with the S&P up 1.1 percent on Tuesday, despite large fluctuations in overnight stock futures.

Fund managers said they will continue to look at the economic fundamentals rather that short-term events such as the result of the US election to guide their investment strategies.

"I continue to maintain my long-term approach and am focused on the fundamentals in China, namely an uptrend in corporate earnings in Q3 2016, a cyclical improvement in economic growth and policy efforts focused on addressing the Chinese housing market," said Ning Jing, a portfolio manager of China Focus Fund at Fidelity International.

"The Chinese A-share market could prove to be a defensive ground," Ning said.

Despite the temporary selloff immediately following Trump's victory, globally markets bounced back sharply as investors quickly shifted their focus to Trump's policy, including possible tax cuts and the expansion of fiscal spending for big infrastructure projects to spur growth.

While offering limited details of his economic agenda, Trump said in his victory speech that the US will double its growth and have "the strongest economy anywhere in the world". He also pledged to create more jobs by rebuilding infrastructure.

Zheng Mingang, an analyst at Dongxing Securities, said that Trump is very unlikely to bring "disruptive changes" in the US economic policy and his stance on fiscal policy will be a new focus for investors to follow closely.

"His fiscal policy, especially the greater spending on infrastructure will likely be a strong stimulus for the US economy. It is also expected that the US will likely accelerate the process of interest rate hikes, which could mean more pressure on the renminbi exchange rate," Zhang said.

Most Viewed in 24 Hours
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
主站蜘蛛池模板: 黑人和黑人激情一级毛片 | 香蕉香蕉国产片一级一级毛片 | 亚洲欧美另类综合 | 男女晚上爱爱的视频在线观看 | 黄网站免费看 | 亚洲自拍偷拍视频 | 亚州第一视频 | 日韩一级欧美一级在线观看 | 麻豆精品a在线观看 | 久久精品国产一区二区三区日韩 | 国产日韩欧美综合在线 | 国语自产精品视频在线区 | 嫩草在线视频www免费观看 | 日韩在线免费看 | 国产成人在线观看网站 | 毛片黄色片 | 久久精品最新免费国产成人 | 亚洲综合网址 | 亚洲国产日韩综合久久精品 | 日韩精品久久一区二区三区 | 制服丝袜手机在线 | 小明看国产 | 99在线国内精品自产拍 | 欧美超长黑吊 | 国产欧美日韩精品第二区 | 九九香蕉| 国内自拍视频在线观看 | 久久午夜精品视频 | a级高清免费 | 国产剧情一区二区三区 | 欧美一区二区三区男同 | 免费大片网站 | 欧美日韩中文字幕久久伊人 | 99久久国语露脸精品国产 | 免费在线观看黄色小视频 | 日韩欧美第一页 | 在线爱爱视频 | 精品成人毛片一区二区视 | 日本高清中文字幕一区二区三区 | 国产caoni111在线观看视频 | 小明成人永久视频在线观看 |