Due to impacts by terrorist attacks on the US, last two weeks have seen not very sound symptoms in Asian market with investors seeking a safe harbor. Experts say that as the most active economic force, Chinese market will deservedly become a target of investors.
Before the terrorist attacks on the US, Chinese market had been the most dynamic one in the world, and even now China is still the least affected country by American military actions. This good prospect made HK's Hang Seng and mainland's stocks related with Hang Seng jump up in the past four trading days.
Southeast Asia was influenced by religious beliefs, while North Asia's economy is not in a very good condition, and so China's mainland has all at once become a place with a bright vista.
After the US suffered from the terrorist attacks, Asia's stock market has slumped. Yet China's success in WTO negotiation, plus its active market and little influenced by the US military actions, the H-share index in state-owned enterprises began to rebound. In addition, China has opened B share market this year and with investors setting their eyes on the Chinese market, China would naturally become the world's most dynamic and promising market.
(People's Daily 09/24/2001)
