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

   

China grants US$10.3b quota to QDIIs

(Xinhua)
Updated: 2006-09-27 09:37

China's foreign exchange authority has granted overseas investment quotas totaling 10.3 billion U.S. dollars to eight qualified domestic institutional investors (QDII) since the scheme was implemented in July.

A statement from the State Administration of Foreign Exchange (SAFE) said the China CITIC Bank had been approved to buy foreign exchange worth 500 million dollars on behalf of its clients for overseas investment, bringing the QDII quota above that of QFIIs (qualified foreign institutional investors) and surpassing 10 billion dollars
The QDII scheme allows mainland institutions and residents to entrust mainland commercial banks to invest a certain amount of money in financial products overseas, and allows insurance institutions to invest some of their assets in overseas fixed-income products and monetary market products.

The government launched the QFII pilot program in 2003, allowing foreign institutional investors such as UBS, Deutsche Bank and Citigroup Global Markets Limited to engage in the securities business on the Chinese mainland.

So far, 48 foreign institutions have QFII status, and the combined investment quota totals 7.845 billion U.S. dollars, more than three quarters of the 10-billion-dollar quota the government promised to give to overseas institutional investors.

Although the country started QDII scheme in 2006, much later than the QFII, the government gave investment quotas to QDIIs at a much faster rate.

In July, the SAFE for the first time granted overseas investment quotas totaling 4.8 billion U.S. dollars to three QDIIs.

In just two months, a total of eight Chinese and overseas-funded commercial banks, including the Bank of China, the Industrial and Commercial Bank of China, the China Construction Bank, the Bank of Communications, the China Merchants Bank, the China CITIC Bank, the Citibank and the Bank of East Asia, have received 10.3 billion dollars of QDII quotas.

After receiving the quota, the banks can raise Renminbi funds from domestic individuals and institutions and convert them into foreign currency for overseas investment.

Another three overseas-funded banks, including the Hongkong and Shanghai Banking Corp., the Hang Seng Bank and the Standard Chartered Bank, have also received QDII licenses and are still awaiting quotas.

These banks have a great demand for such quotas, showing the QDII service had a broad prospective market, the SAFE said.

Due to expectations of further Renminbi appreciation, huge amounts of foreign exchange have flowed into China in recent years, pressuring Renminbi upwards.
The QDII policy will help domestic funds to move out and alleviate the pressure, according to the SAFE.

(For more biz stories, please visit Industry Updates)

 
 

主站蜘蛛池模板: 在线观看国产欧美 | 久久av片 | 色呦呦精品| 亚洲精品1 | 精品色综合 | 自拍亚洲色图 | 999精品视频在线观看播放 | 超碰av在线 | 蜜臀av网站 | av中文字幕不卡 | 高清av免费 | 中文字幕亚洲第一 | 裸体男女树林做爰 | 国产一区二区三区中文字幕 | 亚洲欧美视频在线 | 日韩中文在线视频 | 九热在线 | 亚洲久久影院 | 99热这里只有精品在线 | 成人毛片100免费观看 | 亚洲性片 | 999久久久| 青青草华人在线视频 | 国产精品一二 | 天堂va蜜桃一区二区三区 | 欧美激精品 | 欧美黄色短视频 | 女同性恋毛片 | 日韩在线观看免费网站 | 强开乳罩摸双乳吃奶羞羞www | 伊人久久影视 | 中文字幕中文字幕 | 观看av免费 | 欧美日本日韩 | 激情丁香婷婷 | 日韩在线精品视频 | 亚洲一道本 | 日韩激情啪啪 | 天天拍夜夜拍 | 免费久久久 | 伊人激情 |