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

Top Biz News

China's foreign ETF plan signals market reform

(Agencies)
Updated: 2010-03-09 17:09
Large Medium Small
China's plan to introduce exchange-traded funds (ETFs) that track overseas stock indexes signals a push to create more opportunities for investors as the market matures, according to West China Securities Co.

The Shanghai Stock Exchange will try to introduce exchange-traded funds that track foreign indexes this year, Chairman Geng Liang said at a briefing in Beijing yesterday, without disclosing the indexes.

"This is the way China is gradually relaxing control over overseas investment and the first destination for overseas ETF funds will probably be the Hong Kong market, because of familiarity," said Wei Wei, an analyst at West China Securities in Shanghai. "Investors will have more options to invest overseas."

Shanghai is pushing to have an exchange-traded fund of Hong Kong's Hang Seng Index listed on the city's stock exchange, the government said in May of last year. ETFs are designed to mimic the performance of market indexes and are traded like stocks on an exchange.

The Shanghai exchange approved some fund managers to develop exchange-traded funds that track overseas indexes including the Dow Jones Industrial Average, the Nikkei 225 Stock Average and the Hang Seng China Enterprise Index, the Shanghai Securities News reported Dec 7, citing Xu Ming, the exchange's vice general manager.

"The Shanghai Stock Exchange will develop the cross-border ETF this year," Geng said. "The main setback we're facing now is on the technical side and we will try to overcome those difficulties and introduce the product this year."

Stock Futures

The Shanghai Stock Exchange is drafting rules for its so-called international board where foreign companies will be able to sell shares publicly in China, Geng also said yesterday.

Related readings:
China's foreign ETF plan signals market reform China to further promote investment in 2010
China's foreign ETF plan signals market reform Index futures trading rules for foreigners underway
China's foreign ETF plan signals market reform Draft norms for overseas listings in Shanghai soon
China's foreign ETF plan signals market reform ETFs: New funds on the block

The first stock index contracts, based on China's CSI 300 Index, may begin trading in mid or late April, Shang Fulin, chairman of the China Securities Regulatory Commission, said in March.

Chinese nationals aren't allowed to invest in overseas stocks except through products sold by approved financial institutions under a so-called qualified domestic institutional investor, or QDII, program.

In January, China scrapped a plan to allow local investors to buy Hong Kong stocks directly, abandoning a proposal that drove the city's benchmark Hang Seng Index to a record in October 2007.

Shanghai-based HuaAn Fund Management Co signed an agreement to license the FTSE 100 Index for an exchange traded fund to be listed on the Shanghai Stock Exchange, the FTSE Group said in a March 8 release.

主站蜘蛛池模板: 欧美 日韩 国产 在线观看 | 久久久免费av | 成年人在线免费观看视频网站 | av国产免费 | 欧美丰满xx000 | 亚洲精品三区 | 黄色av网站在线播放 | 精品视频一区二区三区在线观看 | 日韩精品中文在线 | 91国产丝袜播放在线 | 日本www在线观看 | 日本成人性视频 | 5060网午夜 | 午夜精品久久久久99蜜桃最新版 | 日韩天天干 | 99久久国产视频 | 日韩精品久久久久久 | 视频一区二区中文字幕 | 黄大色黄女片18免费 | 亚洲色图一区二区三区 | 一级做a爱片性色毛片 | 美日毛片| 亚洲黄色在线免费观看 | 亚洲精品网站在线观看 | 综合色吧 | 国产精品主播一区二区 | 第一页av| 美国一级片在线观看 | 国产精品男女 | 久久综合干 | 懂色av懂色av粉嫩av分享吧 | 亚洲黄色精品 | 三年中国中文观看免费播放 | 伊人不卡| 欧美黑人一区二区 | 日本成人性视频 | 国产在线视频在线观看 | 2021亚洲天堂 | 日韩一区在线播放 | 欧美成人综合色 | 亚洲色图国产精品 |