Kim Jong-Il'S Death Caused Further Decline In Asia Pacific Stock Market

According to 19 reports of DPRK, DPRK defense

Li Daxiao, director of the British Securities Institute, believes that the sudden death of Kim Jong-il has had a certain impact on the surrounding capital market, but it should only be a short-term impact.

"In general, the current situation is based on stability.

From this angle of analysis, the impact should also be short-term.

In the long run, conflicts are not the main trend. The international community should still want peace.

Hu Weidong, director of the former Qilu Securities Research Institute, told Sohu finance that the Asian Pacific stock market was volatile due to the news of Kim Jong-il's death. This is a normal reaction, especially in the stock market of Korea and Japan.

"Personal feelings, the impact should be short-term.

After all, the impact of the incident can not be compared with 911, but the death of a strong leader. North Korea is a relatively small country. Its economic volume and its impact on the world economy are relatively limited, and its impact on China's related industries is relatively limited.

Hu Weidong believes that before the new leader formally takes office, there will be a policy vacuum in the DPRK. The future DPRK is going to continue the Kim Jong-il policy to continue, or to accelerate the opening of the country to open up, or to fall into power for turbulence, which is hard to say at the moment.

"In the long run, North Korea should be able to integrate into the international community, and it is likely to accelerate the pace of opening up," he said.

Dr. Li Mingliang, a macroeconomic researcher at Haitong Securities Research Institute, believes that the news of Kim Jong-il's death will have a greater impact on Japan and Korea. If the Korean political situation is stable, it will have little impact on East Asian trade.

Conversely, it will affect the situation and some industries in Korea.

But he also said there will be some plans for Japan and South Korea.

Referring to the impact on the A share market, Li Mingliang believes that the overall situation is still based on the stability of the Korean situation.

"The turbulent situation will surely have an impact.

But stability is more likely. "

In the peripheral market, Asian capital markets and commodities trading will not be affected. "Now the market will be worried. This is a normal reaction."

Liu Jingde, deputy general manager of XinDa securities research and development center, believes that the news of Kim Jong-il's death has little impact on the economy of the Asia Pacific region and may have some impact on Korea, but it is also relatively limited. "It will trigger a slight concussion in the Asia Pacific market, but it will not affect the big trend."

A shares will not be affected too much by listed companies. "

Zhang Lei, a macroeconomic analyst at Minsheng securities, said that the news will have a slight concussion on the Korean and US markets in the short term, which will have little impact on China because the cooperation between North Korea and China will continue.

"In the long run, we should pay attention to the involvement of the United States in this matter and the trend of inter Korean relations."

As of today's close, the Shanghai Composite Index closed 2218.24 points, a slight drop of 6.60 points, or 0.30%.