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

   

Mutual fund mania sparks warning from regulators

By Zhang Ran (China Daily)
Updated: 2006-12-14 08:41

China's overheated mutual fund sales, boosted by a public mania for investing in A shares, is expected to cool down after securities regulators sent out a warning of potential risks that might occur due to excessive money inflow into the market.

The tightening, however, is not likely to have a major impact on market sentiment, experts pointed out.

The China Securities Regulatory Commission (CSRC) has stopped processing applications for new funds to invest in the stock market. Meanwhile, the securities regulator on Monday issued a notice to urge the mutual fund industry to strengthen their risk management when profit taking in a bullish market.


[cartoon.chinadaily.com.cn]
According to industry insiders, CSRC is likely to resume the approval of new funds in January.

"I heard the regulator had slowed down the approval of new funds into the market," said Huang Hui, a compliance officer with Shenzhen-based First State Cinda Fund Management Co Ltd. "But we are still doing our daily work and hopefully our fund could be launched in January."

First State Cinda, a joint venture between China Cinda Asset Management and Australian-based First State Investment, had planned to launch its fund in October.

"We should not only focus on the numbers, but also the quality (of those funds)," an official with CSRC said yesterday.

The CSRC's Monday notice had warned fund management companies to not only pursue the volume of the asset under management, but also to pay attention to potential risks in order to ensure the industry is in a healthy condition.

The Shanghai-based Wind Statistics shows that 21 mutual funds raised a total of 136.7 billion yuan (US$17.3 billion) to invest in the stock market since October. Most of the new funds had been invested in the stock market to buy a combined total of 40 billion yuan (US$5.06) A shares in October and November.

On the plus side, China's overheated fund raising has ushered in a golden time for banks to develop their intermediate businesses.

"It is our best time in history since Chinese banks are allowed to provide custodian services for various funds in1998," said Ding Fuli, an assistant general manager from the Bank of China's Head Office Custody & Investor Services Department. Bank of China is currently the custodian bank of 40 mutual funds.
12  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 激情婷婷六月天 | 欧美久热 | 国产伦精品一区二区三区照片 | 久久国产精品影院 | 黄色一级a毛片 | 久久高清 | 亚洲精品白浆高清久久久久久 | 国产免费一区二区三区四区 | 97天天操 | 久久伊人中文字幕 | 成人一级片 | 好吊视频一区二区 | 成年人在线观看视频网站 | 欧美不卡在线视频 | 看久久| 亚洲天堂2016 | 十八岁毛片 | 国产成人亚洲欧洲在线 | 在线免费小视频 | 男女羞羞网站 | 一级理论片 | www.日韩精品| 欧美午夜一区 | 色网站在线播放 | 国产福利网| 裸体大乳女做爰69 | 亚洲天堂免费 | 国产黄色免费观看 | 性网站在线观看 | 超碰97国产| jizz中国少妇高潮出水 | 免费一区二区三区 | 日韩国产在线观看 | 啪啪自拍视频 | 成人免费视频入口 | 九色在线观看视频 | 色狠狠一区二区三区 | 欧美性生交大片免费看 | 福利视频在线免费观看 | 日韩1024 | 2020av |