The most important reason for the overseas institutions' competition for the A-share market is "its investment value which was hardly seen before", said Jiang Qijia, senior analyst of the research department at financial service provider Noah Holdings Ltd. As he further explained, the A-share market's price earnings ratio was 14.5 times by Sept 21, while its price-to-book ratio was 1.6 times.
The moves also help safeguard the long-lasting peace, stability and prosperity of Hong Kong, he added.
The money raised from the stake sales will be used to buy three Boeing aircraft and a stand-by engine, as well as to repay bank loans, according to Juneyao Airlines.
The move allows passengers to go through the customs, immigration and quarantine (CIQ) procedures of both Hong Kong and the Chinese mainland successively at the terminus in Hong Kong.
The move has caused anxiety among many breeders as disruptions in sales of animals including bullfrogs and soft-shelled turtles have led to huge financial losses.
The move came after the company closed its Series D round of financing in May, raising 0 million from investors including Bank of China Group Investment Ltd, and a subsidiary of the Abu Dhabi Investment Authority.
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The move comes as lock-up shares worth about 50.75 billion yuan are becoming eligible for trading this week.
The much-awaited dialogue with the people of Hong Kong will have its first session next week, Carrie Lam Cheng Yuet-ngor, chief executive of the special administrative region, said on Tuesday.
The movie is the prequel to the 2014 hit Brotherhood of Blades, which received critical acclaim for its in-depth examination of humanity and style of aesthetics.
The month's rapid credit growth was a result of a series of precautionary measures to ease the negative effects of slowing domestic demand and external headwinds, according to Sun Guofeng, head of the bank's monetary policy department, at a news conference.