Related News
RQFII rule may be eased or abolished
Source: Bloomberg News |
December 14, 2012, Friday
|
Print Edition
Print Edition
CHINA is considering relaxing or abolishing a rule that requires Renminbi Qualified Foreign Institutional Investor funds to invest mostly in bonds, said Norman Chan, head of the Hong Kong Monetary Authority.
RQFII funds are required to invest at least 80 percent of their assets in China's onshore bond market, with the rest going into equities or kept as cash. After meeting with Guo Shuqing, chairman of the China Securities Regulatory Commission, Chan said in Beijing yesterday: "We'd like to abolish or relax this proportion requirement. Chairman Guo has expressed that he agrees and supports our suggestions."
RQFII funds are required to invest at least 80 percent of their assets in China's onshore bond market, with the rest going into equities or kept as cash. After meeting with Guo Shuqing, chairman of the China Securities Regulatory Commission, Chan said in Beijing yesterday: "We'd like to abolish or relax this proportion requirement. Chairman Guo has expressed that he agrees and supports our suggestions."
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
