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: 久久影视av| 二区视频在线 | 午夜精品视频在线 | 色婷婷婷| 97精品一区 | 毛片一级在线观看 | 向井蓝在线观看 | 国产精品一区在线免费观看 | 日韩中文字幕第一页 | 色视频免费 | 91精品久久久久久久久中文字幕 | 亚洲精选在线观看 | 精品一区二区成人免费视频 | 半推半就一ⅹ99av | 日韩精品一区二区视频 | 亚洲字幕av一区二区三区四区 | 久久伊人网站 | 中国黄色片视频 | аⅴ天堂中文在线网 | 国产精品久久欧美久久一区 | 狠狠操天天干 | 久久免费在线 | eeuss中文 | 国产精品视频第一页 | 成人精品国产免费网站 | 欧美激情视频在线 | 久久影视一区 | wwwxxx亚洲| 国产一区二区三区视频在线播放 | 夫妻性生活动态图 | 在线观看成年人视频 | 国产精品99久久久久久久久 | 在线一区视频 | 久久久久亚洲精品国产 | 国产一区二区免费在线观看 | 日韩欧美第一页 | 在线观看国产成人 | 色狠狠综合 | 国产美女永久免费无遮挡 | 欧美三级在线看 | 毛片最新网址 |