CICC released the latest report pointed out that the reason for the foreign capital China financial interest in the market surge, the one hand by the central bank China targeted RRR cuts, September PMI hit a new high since April 2012, the value of positive factors such as driving; on the other hand, during the holidays, the hang Seng Index HSCEI index in consumption, technology and financial sector driven by a year high, attracting foreign capital hunters A shares market spreads win profit.
Among them, the RMB exchange rate stabilization also plays a huge role." Credit Suisse analyst Alexander Redman released the latest report pointed out. Previously, the unilateral decline in the renminbi is not expected, so that overseas investment institutions worried about the risk of investment in China's financial markets face exchange losses, so dare not rashly opening. Now with the September two-way fluctuations in the RMB exchange rate completely unilateral down expectations, overseas investment institutions in the financial market investment Chinese menace from the rear, fast heat wave