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

   

CICC obtains $5b QDII quota

(Xinhua)
Updated: 2007-12-17 13:46

China International Capital Corp (CICC), the country's first joint-venture investment bank, acquired a qualified domestic institutional investor (QDII) investment quota of $5 billion, a senior foreign exchange management official said over the weekend.

CICC's shareholders include Morgan Stanley International.

Special Coverage:
Markets Watch  

Related readings:
 China's QDII quota hits US$42.17b by end-September
 QDII products totter as international stocks drop
 New record born in the launch of QDII funds

Sun Lujun, deputy head of the capital project department under the State Administration of Foreign Exchange, said that by early December, the forex market regulator had verified a total of $23 billion as QDII quotas for China Southern Fund, Huaxia Fund, Harvest Fund and China International Fund.

Sun said that through the end of October, 16 QDIIs had put on the market 154 QDII products. Sun added that $28.6 billion was actually remitted abroad for QDII operation by the end of the month. The total indicates that capital flows accelerated sharply over the past few months as from April 2006 to March 2007, funds remitted abroad were only $4 billion or so.

Shanghai Securities News said last Friday that Chinese banks' QDIIs would likely be allowed to invest in US and European stock markets. The move is expected to be one of several steps by the Chinese government to expand investment channels and disperse excess liquidity, which has driven up domestic stock markets.

In May, bank QDIIs got regulatory approval to invest in Hong Kong stocks. It was the first time they were allowed to invest in overseas stocks instead of being restricted to fixed-income products.

Bank QDIIs are restricted to investment in securities markets whose regulators have signed memoranda of understanding with China.
(For more biz stories, please visit Industry Updates)



芦山县| 榕江县| 潼南县| 开江县| 乐业县| 乳山市| 巴林右旗| 手游| 灵武市| 东源县| 洪泽县| 股票| 兴业县| 泗阳县| 海晏县| 临湘市| 尚义县| 韶关市| 庄河市| 保山市| 柳河县| 那坡县| 卓资县| 龙山县| 伊通| 崇义县| 旬邑县| 五原县| 大英县| 望都县| 五河县| 来宾市| 玉树县| 阿城市| 平武县| 温宿县| 虹口区| 公安县| 彭州市| 平罗县| 辛集市|