Shanghai And Hong Kong Calls For A Stable Market Environment To Convoy

Since October 27th, Shanghai and Hong Kong have been opened. Expect After the collapse, when the Shanghai and Hong Kong Tong opened to traffic, it became a concern of the two markets. In particular, Hongkong has been actively striving for an early opening of Shanghai and Hong Kong through its efforts. Not only has the Hong Kong Stock Exchange repeatedly stated that preparations for Hong Kong and Shanghai have been completed, or that preparations for the Shanghai and Hong Kong links have been basically completed. Moreover, Ceng Junhua, the financial secretary of Hongkong, visited Beijing three days earlier this month. He met with officials of the Ministry of finance, the people's Bank of China and the China Securities Regulatory Commission. It reflected Hongkong's desire to open Hong Kong and Shanghai as soon as possible. In November 5th, Ceng Junhua said that the technical problems of management have been resolved and everything is ready. "We can start now." Liang Zhenying, the chief executive of Hongkong, tried to open up Shanghai and Beijing as soon as possible by attending the APEC meeting last weekend.

This kind of job in Hongkong is not difficult to understand. After all, Shanghai and Hong Kong have great significance for the development of Hongkong market. It can not only bring a large number of mainland investors to the Hongkong stock market, but also introduce a large number of intermediary organizations such as brokers from the mainland, so as to better understand the Hongkong market, and better introduce Hongkong market to investors and financiers in the mainland, thus bringing more internal enterprises to Hongkong listing. Hongkong Market Provide a continuous listing of resources. Therefore, Shanghai and Hong Kong can be regarded as the perpetual motion machine of Hongkong stock market, the power source for the sustainable development of Hongkong market (600405), and a powerful measure to support and boost the status of Hongkong's international financial center.

Therefore, the approval of Hongkong and Hong Kong can be regarded as a support of the central government to the development of the Hongkong market. It is necessary for the Hong Kong side to cherish this opportunity. Although the opening of Hongkong and Hong Kong is a national strategic arrangement, we should also see the disharmonious factors existing in the current society. The "occupied" event, which took place at the end of September this year, is not only a damage to the economy of Hongkong, but also an important factor in the instability of Hongkong's society. Hongkong's stock market even dropped sharply. The reason why Shanghai and Hong Kong Tong failed to be opened in anticipation time is that the unstable factors brought by the "Chung Chung" incident to the Hongkong market can not be said to be one of the important reasons.

Therefore, though Shanghai-Hongkong Stock Connect Its opening has been approved and will be officially opened in November 17th, but maintaining the stability of Hongkong society and maintaining the stability of Hongkong market is still a problem that Hongkong government needs to face directly. After all, the opening of Shanghai and Hong Kong calls for a stable market environment to convoy. In fact, a stable market is more in line with the interests of the Hongkong market and more conducive to protecting the interests of investors. After all, the Hongkong stock market experienced a sharp upheaval in the wake of the "occupy" incident. Such a market is obviously not conducive to attracting investors' participation, but also allows investors involved to suffer unnecessary investment losses. This is a situation that no government wants to see. As a central government, it is not desirable to bring mainland investors into an unstable market environment.