China released its reform plans for three pilot free trade zones (FTZs) on Thursday, namely that in Guangdong, Tianjin and Fujian, which has boosted related concept stocks, the Securities Daily reported on Friday.
According to the Chinese government, Guangdong Province will further open up its economy, promote the development of the Guangdong-Hong Kong-Macau Greater Bay Area, and open up its financial sectors wider to the outside world, among others.
Tianjin City will focus on the coordinated development of Beijing, Tianjin, and Hebei, and incubate emerging technologies, etc.
Fujian Province is expected to further improve its governance and business environment, and speed up building itself into a core of the 21st-Century Maritime Silk Road initiative and so on.
Influenced by the reform plans, concept stocks related to Guangdong, Tianjin, and Fujian have attracted much attention from investors, the Securities Daily reported.
In total, 12 individual stocks have embraced an increase of holdings by financial institutions over the past 30 days.
Dongjiang Environment, Huafa Industrial Share, Guangzhou Development Group and ZPH, which are related to Guangdong, have all gained good ratings and an increase of their holdings over the past 30 days.
Among the Tianjin related individual stocks, Bohai Capital, Tianjin Port, and CMST Development have seen an increase of their holdings by financial institutions over the past 30 days. It is worth mentioning that CMST Development attained a rise in their holdings from social security funds in the first quarter this year.
Meanwhile, five individual stocks related to Fujian have witnessed good ratings as well.
Xiamen C&D, Xiamen Xiangyu Group, Xiamen ITG Holding, Xiamen Airport and the Fujian Expressway Group are all expected to increase their holdings further by financial institutions.
According to the Chinese government, Guangdong Province will further open up its economy, promote the development of the Guangdong-Hong Kong-Macau Greater Bay Area, and open up its financial sectors wider to the outside world, among others.
Tianjin City will focus on the coordinated development of Beijing, Tianjin, and Hebei, and incubate emerging technologies, etc.
Fujian Province is expected to further improve its governance and business environment, and speed up building itself into a core of the 21st-Century Maritime Silk Road initiative and so on.
Influenced by the reform plans, concept stocks related to Guangdong, Tianjin, and Fujian have attracted much attention from investors, the Securities Daily reported.
In total, 12 individual stocks have embraced an increase of holdings by financial institutions over the past 30 days.
Dongjiang Environment, Huafa Industrial Share, Guangzhou Development Group and ZPH, which are related to Guangdong, have all gained good ratings and an increase of their holdings over the past 30 days.
Among the Tianjin related individual stocks, Bohai Capital, Tianjin Port, and CMST Development have seen an increase of their holdings by financial institutions over the past 30 days. It is worth mentioning that CMST Development attained a rise in their holdings from social security funds in the first quarter this year.
Meanwhile, five individual stocks related to Fujian have witnessed good ratings as well.
Xiamen C&D, Xiamen Xiangyu Group, Xiamen ITG Holding, Xiamen Airport and the Fujian Expressway Group are all expected to increase their holdings further by financial institutions.
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