Published On: Sat, Nov 6th, 2010

CSRC Grants QFII License to Hong Kong Monetary Authority

November 1, The China Securities Regulatory Commission has granted approval to the Hong Kong Monetary Authority (HKMA) to trade mainland stocks under the qualified foreign institutional investor (QFII) program, the regulator said Monday.

HKMA is the 100th institution to receive a QFII license after China launched the program in 2003 as part of an effort to open its capital markets to foreign investors.

About the Author


Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

IRP Journal

IRP Journal



Poll results are published in our Weekly Newsletter -->
All Rights Reserved WIld Wild Web Limited