国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

   

China's QFII investment quotas close to ceiling

(Xinhua)
Updated: 2007-03-04 10:25

China's foreign exchange authority has granted investment quotas totaling 9.995 billion US dollars to 49 qualified foreign institutional investors (QFII), reported Saturday's Shanghai Securities News.

The sum is close to the ceiling of 10 billion US dollars the Chinese government set for QFIIs but three of the 52 registered QFIIs have not yet obtained investment quotas.

Related readings:
 China likely to replenish QFII quotas this year
 QFIIs eye low P/E ratio stocks
 China approves US$500m QFII quotas

The State Administration of Foreign Exchange (SAFE) will soon draw up new regulations on QFIIs and increase the total investment quota, the report quoted unnamed analysts as saying.

"The new regulations under consideration may raise the ceiling on securities investment by foreign institutions to five to ten percent of the market value of the yuan-denominated A-share market, meaning 55 billion to 120 billion US dollars will be gradually allowed to enter the A-share market over the next eight to ten years", said the report.

But the report also quoted unnamed experts as saying "the A-share market does not lack capital" and "a sharp increase in the investment quotas is unlikely", considering the currently huge inflows of foreign capital and excess liquidity.

Six QFIIs - including Shinko Securities Co Ltd, HSBC Investment (Hong Kong) Ltd, Sumitomo Mitsui Asset Management Co Ltd and GE Asset Management Co - have acquired quotas totaling 950 million US dollars so far this year.

The Chinese government launched the QFII program in 2003 to allow foreign institutional investors such as UBS and Deutsche Bank to engage in the securities business on the Chinese mainland.

The total investment quota for QFIIs increased from four billion to ten billion US dollars in September 2005.


(For more biz stories, please visit Industry Updates)



治县。| 满洲里市| 景德镇市| 荥阳市| 华安县| 望都县| 墨竹工卡县| 霍邱县| 阜城县| 大理市| 高唐县| 阳高县| 麟游县| 松溪县| 阿克苏市| 大悟县| 高阳县| 防城港市| 上犹县| 陇南市| 晋江市| 岗巴县| 东台市| 丹棱县| 顺平县| 会同县| 专栏| 建宁县| 永仁县| 赤峰市| 兴山县| 永宁县| 巴彦县| 广州市| 吐鲁番市| 集安市| 乐安县| 城口县| 隆德县| 焉耆| 正蓝旗|