综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Second batch of QFII about US$6 billion

By Zhang Ran (China Daily)
Updated: 2007-03-24 09:52

The second batch of quotas for qualified foreign institutional investors (QFII), a scheme for foreign players to invest in the A-share market, is likely to be about $6 billion, an industry insider, who declined to be named, told China Daily on Friday.

The source said that the second batch of QFII quotas was being discussed, and pending approval by the Chinese government, was likely to be about $6 billion, not exceeding that of the last batch, which was $10 billion.

Hu Xiaolian, Deputy Governor of the central bank and Administrator of the State Administration of Foreign Exchange (SAFE), said earlier that related rules on the QFII scheme were being amended and the total QFII quota would certainly see an increase in 2007.

However, she declined to give a specific sum.

China has so far approved 52 overseas institutions as QFIIs to invest in the A-share market, of which 49 have got a combined investment quota of $9.995 billion from SAFE, near the upper limit of $10 billion as stipulated previously.

Industry insiders said the demand for QFII quotas was strong at present and more should be granted.

"Despite the excessive liquidity in the A share market, the Chinese government should grant more quotas to QFIIs. Otherwise, they will find other ways, making it more difficult to supervise," She Minhua, an analyst with CITIC China Securities said.

Meanwhile, the booming Chinese stock market is attracting more foreign financial firms to set up joint ventures in the investment sector.

The Financial Times on Thursday reported that Nikko Asset Management, a QFII approved in 2003, has become the first Japanese fund firm to acquire a 20 per cent stake in a local firm, the Shenzhen-based Rongtong Fund Management Company.

Nikko AM bought the stake from Shaanxi International Trust & Investment (SITI), for 3.8 yuan per share, valued at 475 million yuan, according to a statement by the Shenzhen-listed SITI.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
双峰县| 乌鲁木齐县| 鲁山县| 兴宁市| 久治县| 溆浦县| 台湾省| 莱阳市| 会昌县| 通化市| 股票| 通渭县| 娄烦县| 习水县| 洛阳市| 读书| 汉沽区| 惠州市| 民丰县| 佳木斯市| 固安县| 原平市| 大荔县| 珠海市| 土默特左旗| 阳江市| 喀喇| 常熟市| 沾益县| 阿拉尔市| 黄石市| 渝中区| 南陵县| 南投市| 宜宾县| 乌什县| 威宁| 博罗县| 常州市| 松原市| 岚皋县|