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

chinadaily.com.cn
left corner left corner
China Daily Website

Foreign capital quotas set for major increase

Updated: 2013-01-15 07:44
By Sophie He in Hong Kong and Chen Jia in Beijing ( China Daily)

Tenfold rise probable, top regulator says

A major increase in overseas capital will be allowed into the domestic A-share market, China's top securities regulator said in Hong Kong on Monday.

The A-share quota may increase at least nine to 10 times for the two key investment programs, the renminbi-qualified foreign institutional investor and the qualified foreign institutional investor, Guo Shuqing, chairman of China Securities Regulatory Commission, said at the Asian Financial Forum.

The combined quota for the programs currently accounts for only between 1.5 to 1.6 percent of the total capitalization of the A-share market.

The internationalization of the yuan will also be continued and Chinese investors will be encouraged to invest overseas, Guo said.

K C Chan, Hong Kong's secretary for financial services and the treasury, said the renminbi investor program had been well received by the market since its launch.

Financial institutions in Hong Kong had expressed keen interest in participating, he said.

Chan said that Hong Kong welcomes any measure to lift the quota as it will help further develop the city's financial market and investor appeal.

The renminbi investor program, introduced at the end of 2011 with an initial quota of 20 billion yuan ($3.2 billion), raised to 70 billion yuan last year, allows foreign investors to use offshore yuan to buy mainland securities.

The qualified investor program, launched in 2003, had seen its accumulated quota reach $37.4 billion as of December.

Since the commission approved the qualified investor program to trade stocks in the mainland market, they have become the third-largest group of institutional investors of China's A-shares, according to Tommy Ong, senior vice-president of the DBS Bank.

A-shares will be the priority for foreign investors if they want to benefit from China's economic development and reforms, Ong said.

The Shanghai Composite Index, the mainland benchmark index, rose 3 percent or 68.74 points on Monday to 2311.74 at the close.

Based on what Guo said on Monday, investment quotas may be lifted "sooner than we expected", Moody's senior analyst Ivan Chung told China Daily.

"It is likely there will be some move (in increasing the quota) within this year," said Chung, adding that the quota is likely to be gradually increased rather than increased by 10 times at once.

Chung pointed out that most investors are expecting some new policies may be introduced after March 2013.

Guo also said the mainland regulators will gradually expand the Qualified Domestic Institutional Investor (QDII) program, and launch the qualified domestic individual investor (or QDII2) on a trial basis, allowing mainland individual investors to trade Hong Kong stocks directly, he said, without offering any details.

Xu Hongcai, a senior economist with the government's top think tank China Center for International Economic Exchanges said on Monday that it is possible to launch a pilot program of the second phase of the QDII program in the first half of this year.

Contact the reporters at sophiehe@chinadailyhk.com

 
 
...
主站蜘蛛池模板: 噼里啪啦国语在线观看策驰24 | 亚洲成人av免费观看 | 中文字幕亚洲日本 | 日韩中文字幕在线观看 | 国产精品永久在线 | 欧美日韩精品在线观看视频 | 日本三日本三级少妇三级66 | 免费成人在线视频观看 | 天天有av | 一区二区三区有限公司 | 97免费在线观看视频 | 国产午夜亚洲精品午夜鲁丝片 | 欧美又粗又大又长 | 久草网在线观看 | 日韩欧美高清在线 | 天天操夜夜骑 | 久久这里只有精品99 | 麻豆精品一区二区三区视频 | 蜜臀99久久精品久久久久久软件 | 亚洲伦理久久 | 国产午夜麻豆影院在线观看 | 亚洲午夜久久久久久久久红桃 | 麻豆视频免费入口 | 国产一级片子 | 日本精品一区二区 | 激情午夜天 | 手机看片在线观看 | 中日韩欧美在线观看 | 免费观看成人毛片 | 在线观看亚洲专区 | 国产午夜精品一区二区三区视频 | 午夜寂寞福利 | 国产区第一页 | 日日舔夜夜摸 | 国产又粗又猛又黄又爽 | 北京富婆泄欲对白 | 久久激情免费视频 | 成人免费看片在线观看 | 欧美a网 | 九月色婷婷 | 天天摸天天操 |