For the just-concluded the second Sino-US strategic economic dialogue, sources said that this conversation is expected to increase in the amount of QFII, adequate relaxation of financial institutions share in areas such as the new consensus and results. At the same time, the market rate is QFII. United States Street Bank recently formally awarded QFII for 55 House, and in May has completed in A unit of account opening procedures. According to statistics, this is the third awarded QFII qualified institutions in the current month to complete A unit of account opening procedures. Prior to this, A majority of the QFII for average stock account opening procedures are exceeded when a month.
Offshore financial institutions on the enthusiasm of the Chinese market. According to Board company the latest statistics show that in the United States Street Bank awarded QFII for 55 companies, regulatory authorities have successively awarded Colombia University, Korea baode letter application of the QFII asset co., Ltd., the three institutions were awarded QFII qualified month completing A unit of account opening procedures, which to a certain extent its decline on turbulence a shares market is still greater confidence.
In addition, data from last week's show, as TopView QFII concentration camps, international financial-Shanghai Huaihai Zhong Road, Sales Department, Guo-Shanghai xinchang road Sales Department, Beijing Gao Hua securities-are Beijing, financial Street Sales Department actively bought last week, three QFII total purchase 16.03 billion yuan, of which international financial-Shanghai Huaihai Zhong Road business buy buying up, amounted to $ 10.07 billion. Buying up of units are the CITIC Securities (total purchase 2.4 billion), China life (total purchase 1.5 billion), ping an (total purchase 1.4 billion), Yantai Wanhua (total purchase 0.65 billion), conch cement (total purchase 0.56 billion).
There are people in the industry, said that on the one hand description will, on the one hand, the progressive liberalization of foreign capital also shows A unit has entered the reasonable valuations, foreign investment in A stock market anxious.
In fact, the "hot money" the inflow and outflow of trends to some extent also has A unit with the market trend changes. Guohai securities research has pointed out that, from 2004 to 2005, according to the international valuation standards, domestically a stock market valuation of the apparent low, while the domestic economic growth, international capital have foresight "hot money" into the trend is obvious, there are copied from the bottom of A unit; in 2006, from June to September, A unit of the medium-term adjustment in the market, "hot money" phased exit; at the beginning of July 2007, A unit of the surge, "hot money" again mass influx; by the end of 2007, A unit of overestimate, "hot money" flow out again. As a result, analysts said: in 2008, A unit of severe adjustment, "hot money" but mass influx, market crash reoccur – cut bottom — to obtain cash off a screen, it is worth continuing attention.
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