免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

(Xinhua)
Updated: 2008-05-04 23:55

BEIJING  -- China's securities watchdog has decided to allow mainland fund management companies to set up branches and representative offices in Hong Kong as of Sunday to promote cooperation in the area of asset management.

Fund companies must seek permission, however, before establishing any such branches, representative offices and subsidiaries, the China Securities Regulatory Commission (CSRC) said in a statement on Sunday.

The CSRC advised applicants to "take full consideration" of the investment environment in Hong Kong as well as their own financial strength and management skill.

Any such expansion should not affect companies' business performance or the interests of fund holders, it said.

Li Feng, a Galaxy Securities analyst, said that such moves would improve the management of domestic fund companies and the development of qualified domestic institutional investors (QDII). He added that neither the mainland nor the Hong Kong stock markets would be affected in the short run.

So far, regulators have granted QDII status to 19 fund companies, and eight of them had raised 122.5 billion yuan (17.5 billion US dollars) by the end of March. The investment went into 35 markets, including the United States, United Kingdom, France, Hong Kong and Japan.

Hong Kong is an important investment destination for QDII funds and the Hong Kong branches of QDII investment consultants play a positive role, said the CSRC.