Qualified foreign institutional investors (QFII) are likely to
be permitted to participate in China's upcoming Hushen 300 stock
index futures (SIF) trading. A draft regulation about QFII access
to the stock index futures was recently unveiled to solicit
opinions.???
An insider told China Business News that the draft
regulation sets strict requirements for QFIIs' access and it is
mainly through hedging that they could take part in SIF trading.
The draft also says the amount QFII are allowed to access SIF will
be limited to about 10 percent of the QFII quota, about US$1
billion based on the current QFII quotas.
For more details, please read the full story in Chinese.
(
http://www.china-cbn.com/s/n/000002/20070816/000000076028.shtml)
(China.org.cn August 16 2007)
