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

Center

Stock market faces opportunity for fundamental change

By Zhang Ran (China Daily)
Updated: 2006-10-20 08:47
Large Medium Small

The securities regulator has taken increasing steps recently to allow more foreign players to enter the A-share market. This is a move that will attract more funds to the securities market on the eve of the Industrial and Commercial Bank of China's (ICBC) listing on October 27 while further opening up China's financial market in accordance with its World Trade Organization commitment.

The China Securities Regulatory Commission (CSRC) last month approved as many as five qualified foreign institutional investors, or QFII the highest monthly approval for 2006.
In the past three months, the CSRC approved 10 new QFIIs and the number has been rapidly increasing after the approval of six QFIIs in the first six months of the year.

Meanwhile, the combined investment QFII quotas broke US$8 billion after the State Administration of Foreign Exchange (SAFE) said on October 9 it had granted Credit Suisse a US$200 million quota.

The SAFE data also shows that the market saw an inflow of US$15.6 billion from overseas investment in the same period, up 108 per cent year-on-year. All this reveals China has quickened its pace in introducing foreign institutional investors into the A-share market after it successfully conducted a securities reform to convert State non-tradable shares into tradable ones.

"In fact, it would be 'short-sighted' to link the introduction of more QFIIs with fund shortage pressure on the debut of ICBC shares," said Zhao Jianxing, an analyst with Shenzhen-based China Merchants Securities. "It is high time for A shares to be linked into a worldwide investment portfolio through the introduction of more QFIIs."

Though the flow of more QFII funds into the A-share market will surely help the ICBC's listing, it is not a short-term move taken under pressure, but part of a long-term strategy to speed up the opening of the financial market to foreign investors.

The CSRC issued a new rule in August, lowering the threshold for long-term investors to encourage more QFIIs to enter China's capital market.

Under the new rule, the capital lock-up period for overseas pension funds, insurance companies and mutual funds has been cut to three months from the original one-year lock-up period.

The securities assets requirement for potential QFIIs meanwhile was reduced from US$10 billion to US$5 billion.

   Previous Page 1 2 Next Page  

主站蜘蛛池模板: 亚洲免费看片 | 成人免费毛片观看 | 欧美综合一区 | 婷婷狠狠 | 五月天综合久久 | 成人在线观看免费爱爱 | 日本一区二区视频在线 | 亚洲色图综合 | 亚洲国产精品尤物yw在线观看 | 福利网站在线观看 | 日本一级大毛片a一 | aaa特级毛片 | 国产高清视频在线播放 | 国产乱在线 | 成人一区二区在线观看 | 国产精品毛片一区二区三区 | av在线播放国产 | 在线视频国产一区 | 精品欧美黑人一区二区三区 | 亚洲影院在线观看 | 天堂在线中文网 | 国产黄色免费在线观看 | 欧美黄色aaa | 午夜毛片在线观看 | 日韩手机在线视频 | 欧美成人一区二区三区 | 六月激情婷婷 | 在线观看国产一区二区三区 | 91在线精品观看 | 欧美精品播放 | 亚洲精品久久久久国产 | 日韩123| 欧美一区二区三区激情视频 | 久久久夜色 | 日韩午夜网站 | 国产一区二区免费看 | 免费爱爱视频 | 国产精品视频网址 | 国产在线专区 | 久久一级大片 | 久久综合色网 |