SFC Meng day extension QFII funds into the market add four channels of D.

<P> Commission said yesterday that the newly approved AMP Capital Investors Australia Limited and three other companies to obtain QFII status. .Since the introduction of QFII system since the time the approval has not had as many as four, which indicates that the Commission broaden the variety of funds into the market started to increase the intensity of channels. .</ P> <P> after consultation with the foreign exchange bureau, the Commission has approved the Australian AMP Capital Investors Limited, Scotia Bank, KBC Financial Products UK Limited and Edmond de Rothschild of France to obtain qualified foreign banks .institutional investors (QFII) status. .This makes the number quickly grew to 39 QFII. .</ P> <P> but the number of new QFII investment quota-based foreign exchange bureau or to the final approval. .Although at the end of last year the Commission approved the Mutual Life Insurance in Japan to obtain QFII status club, but until yesterday it was approved by the Board to obtain foreign exchange at Bank of China Ministry of custody and investor services, open a QFII RMB special account. .</ P> <P> Commission pushing QFII, QDII pushing this same system of foreign exchange as needed inflow of capital outflow from how to keep a balance to consider. .Secretary for foreign exchange capital Zou Lin said recently that the current large-scale capital inflows, while capital outflow is small, there is a certain degree of capital mobility imbalance. .Imbalance in capital flows, especially short-term foreign capital in a certain period of time excessive capital inflows, China's economic and social life will have a greater impact, thus enhancing the management of capital inflows to guide an orderly outflow of capital is imperative, for example should be introduced during the year .QDII system. .China International Capital Corporation, an executive in a recent interview with "First Financial Daily" interview, also said the launch of the QDII recognized as the A shares of blood loss is one-sided. .</ P> <P> SFC The four newly approved overseas financial institutions for investors is not particularly strange. .AMP Capital Investors Limited is Australia's largest insurance asset management companies; Nova Scotia Finance Co., Ltd. was jointly invested with the Xi'an International Commercial Bank; KBC Financial Products UK Limited is the main issue of covered warrants in Hong Kong one; France .Edmond de Rothschild Bank in January the establishment of representative offices in Shanghai, is the family of the Commission approved the first overseas private banking office. .</ P> <P> According to statistics, QFII total number of holdings from the end of last year increased to about 30 million shares at the end of the first quarter of this year approximately 43 million shares, an increase of more than 40%, although the increase in rank is less than a collection of financial brokerage funds .However, due to the number Masukura large market in the current round, QFII A share its unique vision for the investors to do an example. .</ P> <P> QFII holdings A large reason why the ability to share, thanks to the SFC and other relevant departments to vigorously promote, its amount increased significantly. .April 2005, QFII for the first 40 billion investment amount is used up, September 25, 2005, Hang Seng Bank added $ 50,000,000 for the flag line, QFII continued expansion. .Fortis Bank, Merrill Lynch International, Credit Suisse First Boston 13 QFII have access to the amount of new or newly approved, QFII scale to 5.97 billion U.S. dollars. .</ P>.