Shenzhen And Hong Kong Through The Dust Settled, Grasp Investment Opportunities, But Also To Avoid Investment Risk.

The opening hours of Shenzhen and Hong Kong were finally settled.

The Shenzhen Stock Exchange and its securities trading service company (China Chuang Ying Market Service Co., Ltd.) issued 4 business notifications, and made clear to the market the names of trading participants, trading arrangements, members of the first batch of participating businesses, designated information disclosure websites and so on.

The China Securities Regulatory Commission and the Hongkong Securities Regulatory Commission jointly announced that Shenzhen Hong Kong Tong will be formally launched in December 5th.

Subsequently, the Shenzhen Stock Exchange issued the list of Hong Kong stocks through Shenzhen Stock Exchange and the first batch of participants involved in the Hong Kong stock exchange business paction.

Li Daxiao, chief economist of British securities, pointed out that the opening of Shenzhen Hong Kong Tong marked the new stage of full liberalization of China's stock market, but for Chinese investors, it is still imperative to adhere to rational investment in value investing.

"The Hongkong stock market has a very good boss company, and part of it.

For a long time, the undervalued level in the international market is worth studying in the mainland, and there are many investment opportunities hidden in the mainland market. At the same time, the Hongkong market has its unique operation pattern, investor structure and investment culture, which is worth learning from mainland investors.

Li Daxiao pointed out that, however, there are many investment risks in Hongkong stock market, which is worthy of great attention from mainland investors.

Shenzhen stock market also has many investment opportunities, and there are also some investment risks caused by overestimation of some stocks. It is worth Hongkong investors to study carefully and grasp investment opportunities to avoid investment risks.

Prior to that, Li Xiaojia, chief executive of HKEx, said at the press conference that the daily limit was set up after the opening of Shenzhen Hong Kong Tong, because the daily quota measures could still provide a buffer if there was a massive flow of capital.

"Shanghai and Hong Kong have been running smoothly and safely for two years. It is not easy to run a long period of time without being criticized too much. The total amount of cancellation reflects the high confidence in interconnection and the elimination of uncertainty. As for the maintenance of the daily quota, we intend to brake the market for everyone, so as to prevent market performance from being too violent."

Li Xiaojia said.

For the daily limit of 13 billion yuan for Shenzhen Stock Exchange and 10 billion 500 million yuan for Hong Kong stocks, Li Daxiao pointed out that "due to the existing operation experience and channels of Shanghai and Hong Kong through two years, it is estimated that Shenzhen Hong Kong Tong will operate orderly.

The probability of extreme events is low. "

Shenzhen and Hong Kong will contribute to the healthy growth of the domestic capital market.

If

If we want to attract large amounts of overseas funds, we must strictly supervise ourselves, and we will never tolerate violations.

In the stock market, the phenomenon of "cheating and deceive" will be effectively curbed, and the market will gradually become a barometer of the economy.

The launch of Shenzhen Hong Kong Tong is a nail on the iron plate.

Therefore, investors are more concerned about the market changes for the Shenzhen Hong Kong stock exchange.

Based on the 2014 Shanghai and Hong Kong through the launch of the A share market performance, especially the strong performance of Shanghai stock market, so for the Shenzhen Hong Kong pass approaching, mainland investors are looking forward to the Shenzhen market can also have a good performance.

Even though it can't trigger a bull market just like the launch of Shanghai and Hong Kong in 2014, it is hoped that the Shenzhen stock market can lead the A share market out of a strong rebound.

However, from the recent market, the overall performance of A shares is a pattern of strong and deep weakness in Shanghai.

It seems that the opening of Shenzhen and Hong Kong is not the same as Hong Kong and Hong Kong.

It was not surprising that there was a trend in the past.

On the one hand is due to the role of the national team's support.

The national team represented by the certification fund company has basically been withdrawn from the theme stocks, and its positions are mainly concentrated on the blue chip stocks.

This means that the position of the national team is mainly concentrated in the Shanghai stock market.

National team in

Frequent market support, which led to the Shanghai stock market stronger than the Shenzhen market.

On the other hand, with the announcement of the US general election results, "trump concept stocks" was therefore hyped up by the market.

Because Trump advocated the importance of infrastructure construction and advocated reducing the intervention in the Asia Pacific region, this has made room for China's development in the Asia Pacific region. Therefore, the overseas project concept stocks and the all around concept stocks in the A share market have been hyped up by the market.

This type of stock is mainly weighted by shares, mainly concentrated in the Shanghai stock market.

This is also an important reason why the Shanghai stock market is stronger than the Shenzhen stock market.

However, after all, the launch of Shenzhen Hong Kong Tong is already imminent. Will there be any change in the pattern of Shanghai strong and deep weakness? We do not exclude the possibility of such a possibility, but the expectations of the market should not be too high.

A very realistic reason is that the price earnings ratio of Shenzhen stock market is significantly higher than that of Hongkong stock market. Taking 17 A+H shares listed in Shenzhen Stock Exchange and Hongkong market as an example, its A share price is higher than that of H-share price, which means that the Shenzhen stock market is not attractive to investors in Hongkong market.

As an investor in Hongkong, it is very difficult for the A share market, especially the Shenzhen stock market, to become a disc player in the short term.