|
BIZCHINA> Top Biz News
![]() |
|
Related
China to relax rules on foreign investment in securities
(Xinhua)
Updated: 2008-04-09 09:30 Chinese foreign exchange regulator is to loosen its control over the Qualified Foreign Institutional Investor (QFII) program, which allows overseas institutions to invest in Chinese securities market. The State Administration of Foreign Exchange (SAFE) is revising rules concerning restrictions on QFII money, and may cut down the lock-up period required before QFII money is allowed to invest in the mainland market, the financial website Hexun quoted SAFE deputy head Li Dongrong as saying on Tuesday. No timetable for implementation of the reforms was given, nor were further details of how it would be carried out released. It would be another major move in China's plan to further develop its capital market through the introduction of QFII system since 2002, after the regulator tripled the investment quota from $10 billion to $30 billion in December last year, analysts said. (For more biz stories, please visit Industries)
|
武胜县| 裕民县| 夏邑县| 廉江市| 招远市| 武鸣县| 梁山县| 鄂托克旗| 加查县| 新龙县| 平顶山市| 海盐县| 涿鹿县| 黄浦区| 洪雅县| 曲麻莱县| 尚义县| 会同县| 大庆市| 团风县| 武城县| 雷山县| 庆云县| 沂南县| 迁安市| 合川市| 盐城市| 通州市| 武隆县| 娄烦县| 石屏县| 额济纳旗| 佛教| 临朐县| 南宁市| 昌宁县| 田林县| 邮箱| 南郑县| 杭锦旗| 黔西县|