日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

China's foreign ETF plan signals market reform

(Agencies)
Updated: 2010-03-09 17:09
Large Medium Small
China's plan to introduce exchange-traded funds (ETFs) that track overseas stock indexes signals a push to create more opportunities for investors as the market matures, according to West China Securities Co.

The Shanghai Stock Exchange will try to introduce exchange-traded funds that track foreign indexes this year, Chairman Geng Liang said at a briefing in Beijing yesterday, without disclosing the indexes.

"This is the way China is gradually relaxing control over overseas investment and the first destination for overseas ETF funds will probably be the Hong Kong market, because of familiarity," said Wei Wei, an analyst at West China Securities in Shanghai. "Investors will have more options to invest overseas."

Shanghai is pushing to have an exchange-traded fund of Hong Kong's Hang Seng Index listed on the city's stock exchange, the government said in May of last year. ETFs are designed to mimic the performance of market indexes and are traded like stocks on an exchange.

The Shanghai exchange approved some fund managers to develop exchange-traded funds that track overseas indexes including the Dow Jones Industrial Average, the Nikkei 225 Stock Average and the Hang Seng China Enterprise Index, the Shanghai Securities News reported Dec 7, citing Xu Ming, the exchange's vice general manager.

"The Shanghai Stock Exchange will develop the cross-border ETF this year," Geng said. "The main setback we're facing now is on the technical side and we will try to overcome those difficulties and introduce the product this year."

Stock Futures

The Shanghai Stock Exchange is drafting rules for its so-called international board where foreign companies will be able to sell shares publicly in China, Geng also said yesterday.

Related readings:
China's foreign ETF plan signals market reform China to further promote investment in 2010
China's foreign ETF plan signals market reform Index futures trading rules for foreigners underway
China's foreign ETF plan signals market reform Draft norms for overseas listings in Shanghai soon
China's foreign ETF plan signals market reform ETFs: New funds on the block

The first stock index contracts, based on China's CSI 300 Index, may begin trading in mid or late April, Shang Fulin, chairman of the China Securities Regulatory Commission, said in March.

Chinese nationals aren't allowed to invest in overseas stocks except through products sold by approved financial institutions under a so-called qualified domestic institutional investor, or QDII, program.

In January, China scrapped a plan to allow local investors to buy Hong Kong stocks directly, abandoning a proposal that drove the city's benchmark Hang Seng Index to a record in October 2007.

Shanghai-based HuaAn Fund Management Co signed an agreement to license the FTSE 100 Index for an exchange traded fund to be listed on the Shanghai Stock Exchange, the FTSE Group said in a March 8 release.

主站蜘蛛池模板: 日韩一区二区在线视频 | 久久视频 | 日韩一区二区三区在线观看 | 色蜜桃 | 国产在线视频网站 | 一级做a爱片久久毛片 | 国产一级大片在线观看 | 青青草原在线免费观看视频 | 亚洲女人毛茸茸高潮 | 国产精品久久久久无码av | 免费看久久 | 黄色a级片在线观看 | 亚洲热在线| 欧美丰满xx000 | 欧美专区在线观看 | 男人av网站 | 欧美亚洲自拍偷拍 | 丰满少妇一级 | 在线观看黄色 | 污视频免费在线观看 | 97超碰97 | 日韩美女在线 | 高h文视频 | 国产精品福利小视频 | 欧美日韩大片 | 久久久久久久久久久国产 | 亚洲一级一区 | av片在线观看免费 | 久久麻豆精品 | 日本高清免费aaaaa大片视频 | 成人小视频免费 | 三上悠亚作品在线观看 | 日韩免费专区 | 欧美一级淫片免费视频魅影视频 | 亚洲美女免费视频 | 四虎影视在线 | 白浆网站 | 精品久久久久久中文字幕 | 97免费| 青青草97国产精品麻豆 | 国产成人亚洲综合a∨婷婷 青草久久久 |