Thursday, December 30, 2010

There is a change? "Through train" opening delayed.

<P> The pilot program has not yet formally approved, originally scheduled to be officially opened yesterday, Bank of China (Quotes Forum) through train had later postponed. .Reporter yesterday from head office and the Banking Bureau, Tianjin, that, as some details still under discussion, the official opening of the Bank of China through train delay time later, the specific launch time is hard to determine. .</ P> <P> Banking Regulatory Commission is to approve the earliest may have to wait until September 1 or so. .Tianjin CBRC said. .</ P> <P> informed sources told reporters that the main reason for delayed opening through train in some details yet to be resolved, such as how to dock in Hong Kong and other brokerage firms. .According to "Wen Wei Po", has a National Development and Reform Commission officials also said that the Mainland Hong Kong shares personal funds to invest in technology, there is still some details to be addressed, once these technical issues have been resolved, the Mainland personal funds can be started soon .investment in Hong Kong stocks. .</ P> <P> 20th of this month, the State Administration of Foreign Exchange approved the pilot project undertaken in Tianjin Binhai New Area, domestic residents invest directly in securities, preferred Hong Kong stocks. .BOC Chairman Xiao Gang, 23, said the mainland next week, customers can apply for investment in Hong Kong stocks received in Tianjin, the pilot expanded, Bank of China in 40 branches in key cities will gradually accept the local customer account application. .</ P> <P> from 23 onwards, the Bank of China Tianjin, China began accepting applications for customer investment in Hong Kong stocks, mainly to make an appointment for registration. .It is understood that so far has been a booking of domestic investors have more than 2,000 people, consulting the others are more. .In addition to the Bank of China, the ICBC, CCB and cross-line regulator has submitted an application to fight in Beijing, Shanghai, Shenzhen, Hong Kong stocks opened direct personal investment business. .</ P> <P> analysts believe that investment in Mainland customers to broaden the foreign exchange Hong Kong stock market is another important step outflow channels, but the Greater China chief economist Hong Liang of Goldman Sachs pointed out that the recent turmoil in global markets and domestic investment .by the lack of overseas investment experience, the amount of short-term capital outflows may not be great. .</ P>.

No comments:

Post a Comment