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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    China to further open up capital market: regulator

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    China to further open up capital market: regulator Empty China to further open up capital market: regulator

    Post by Lobo Sun Jan 17, 2016 5:40 pm

    January 16, 2016

    China to further open up capital market: regulator

    BEIJING -- China's capital market will open wider to foreign investors in 2016 and domestic brokerages will expand business overseas, the country's securities watchdog said Saturday.

    China will gradually increase the quota for Qualified Foreign Institutional Investors (QFII) and RMB QFII, said Xiao Gang, head of China Securities Regulatory Commission, at a national conference on securities market regulation.

    QFII and RQFII are designed for foreign investors to trade securities in China's largely isolated capital market.


    China will work for A share's inclusion into global stock indices, in a bid to make the performance of domestic market more of an international metric.

    The country will encourage sovereign wealth funds, foreign pension funds and passive ETFs to increase investment in China, according to Xiao.

    In 2016, China will initiate Shenzhen-Hong Kong Stock Connect, improve Shanghai-Hong Kong Stock Connect and study the feasibility of Shanghai-London Stock Connect.

    The country will also attract overseas institutional investors to the domestic bond market through QFII, RQFII and Shanghai-Hong Kong Stock Connect.

    Hong Kong- and Macao-funded brokerages will be allowed to establish joint ventures on the Chinese mainland.

    In addition, the government will support domestic brokerages to open subsidiaries overseas. Enditem
    http://www.icrosschina.com/news/2016/0117/23393.shtml

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