Market news

Show news:


01.07.2019 15:37

The trade war hasn’t stopped investors from buying Chinese shares - UBS Securities

Overseas investors have continued to buy Chinese shares even though tensions between the U.S. and China have at times threatened market sentiment, according to the president of UBS Securities.

Stocks in China rose on Monday after U.S. President Donald Trump and Chinese President Xi Jinping agreed at the G-20 summit to hold off slapping new tariffs on each other’s products.

Eugene Qian, president of UBS Securities, said on Monday that foreign investors have for the last 12 to 18 months been looking for opportunities to buy the so-called A shares — which are yuan-denominated stocks of Chinese companies listed in Shanghai and Shenzhen.

He told that an estimated $70 billion “should come into A shares by the end of the year.” That’s because foreign ownership of Chinese stocks is set to grow as major index providers such as MSCI add more A shares into their global indexes, Qian said at the World Economic Forum in Dalian, China.


Keep up with latest Forex market news updates: Currencies, central banks, economic indicators for oil and gold trading – all you need to work effectively on Forex.

Market focus

  • Fed's Powell signals resumption of balance sheet growth
  • European Commission spokesman: EU position has not changed, we want a deal with UK
  • Canada’s building permits unexpectedly surge in August
  • Producer prices in the U.S. unexpectedly decreased in September
October 2019
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Sydney 21:00 06:00 00:00 09:00 00:00 09:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Hong Kong, Singapore 00:00 09:00 03:00 12:00 03:00 12:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
European Frankfurt, Zurich, Paris 06:00 15:00 09:00 18:00 9:00 18:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenCloseе
London 07:00 16:00 10:00 19:00 10:00 19:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
American New York 12:00 21:00 15:00 00:00 15:00 00:00
Session Financial Centres UTC/GMT
OpenClose
EET
OpenClose
Local Time
OpenClose
Chicago 13:00 22:00 16:00 01:00 16:00 01:00