男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Top Biz News

Regulator ironing out nitty-gritties

By Li Xiang (China Daily)
Updated: 2010-01-15 08:08
Large Medium Small

China will soon clarify the rules and regulations on qualified foreign institutional investors (QFIIs) trading stock index futures in China, the country's top securities regulator said yesterday.

Regulator ironing out nitty-gritties

Shang Fulin

"The regulator will work on the policies and regulations on securities companies, mutual funds and QFIIs in order to guarantee the smooth launch of index futures," said Shang Fulin, chairman of China Securities Regulatory Commission (CSRC) at a national conference on securities and futures supervision that ended yesterday.

CSRC will also enhance supervision on securities firms that provide brokerage services for index futures trading and improve the country's cross-market supervision regime, Shang said.

Foreign institutions may be allowed to trade index futures using a portion of their QFII quota, but details on trading requirements are still unknown.

Analysts say opening the stock derivative market to foreign institutional investors would allow them to hedge stock-index futures against falls in the stock market as a better way to protect their profits.

Some foreign investors have already started preparing for the new business sector in China. Ke Shifeng, director of UK-based Martin Currie's subsidiary in China, said $1 billion or 10 percent of the total QFII quota would likely be granted to foreign investors to put into the index derivatives market.

China's securities regulator approved 94 foreign institutions, including Abu Dhabi Investment Authority, Deutsche Bank AG and Goldman Sachs Group Inc, as of the end of 2009, to invest in the country's bond and stock markets. The nation's currency regulator, the State Administration of Foreign Exchange, has granted a total quota of $30 billion to QFIIs.

At yesterday's conference Shang also said that the regulator would introduce margin trading and short selling pilot programs at the appropriate time.

Related readings:
Regulator ironing out nitty-gritties Index futures on deck for foreign investors
Regulator ironing out nitty-gritties Margin requirements for index futures to be hiked
Regulator ironing out nitty-gritties China OKs exchange to launch index futures
Regulator ironing out nitty-gritties Index futures get regulatory approval

Last week the regulator announced plans to allow trading of index futures, margin trading and short selling in an attempt to improve the country's capital markets with more investment options.

The new financial tools will help ease the volatility in the equity market and allow Chinese investors to profit from price declines for the first time.

Shang pointed out that the government's economic stimulus plan has helped the market maintain safe and stable operations, but the international financial environment is still difficult and China needs to prepare for more complicated situations in the future.

主站蜘蛛池模板: 柘城县| 嘉鱼县| 马公市| 高邑县| 咸阳市| 于都县| 肃宁县| 云和县| 庆阳市| 诸暨市| 辰溪县| 工布江达县| 鲁山县| 新津县| 满洲里市| 信宜市| 长顺县| 新和县| 航空| 南投市| 离岛区| 久治县| 达日县| 勐海县| 曲松县| 仪陇县| 佛山市| 鲁山县| 岱山县| 娄烦县| 手机| 阿克陶县| 墨脱县| 修水县| 清苑县| 平凉市| 从化市| 南汇区| 城步| 沂南县| 香河县|