· laojimin to fund company open letter · 2011.04 Fund will cast ranking concern often WINS Fund adjusting warehouse policy in Shanghai and Hong Kong cooperation ETF as soon as possible mutual hanging a shares industry leading case troubles Fund profit selling private see empty emotional douzeng 120 days wound up 15 only Fund annual ranking huyou mostly small QFII related supporting has preliminary completed national day Xin months site revealing three quarter layout opportunity "currently China mainland in development fund products and the assets management aspects made has good progress, Hong Kong capital markets of development for mainland Fund products play reference role. Need to further perfect the supervision mechanism in the future, including index and active funds.
"Wang Lin said. Said at the meeting, Zhang Yujun, Shanghai Stock Exchange, Shanghai and Hong Kong exchanges in recent years, further development in the area of information and exchange of personnel, the next step in Shanghai Stock Exchange will drive more qualified enterprises listed in Hong Kong, more public resources.
On the regulatory front, there will be more cooperation between the two places, want to speed up and simplify the two listed mutual program, expected to ETF as an opportunity to facilitate exchanges between closer cooperation. SSE Vice General Manager Liu Xiaodong said future Shanghai Stock Exchange ETF will be listed and each other up for more research on cross-border, is expected there will be new news in the coming months.
Liu Xiaodong pointed out that, between ETF listing requires strict risk management, Shanghai Stock Exchange attaches great importance to preparations for the cross-border mutual hanging. K c CHAN, the Secretary said Hong Kong financial services and the Treasury, ETF mutual link between regulation has been implemented, but Exchange is still to research and adjustments to regulatory requirements, expected as soon as possible the mutual link between approaches.
K c CHAN, said small QFII not many real problems, regulators also exist a consensus between the two places, after the detailed content of implementing, believe that will be released will be new progress in the short term, but there is no timetable. According to the Shanghai Stock Exchange product development department director Zhao Xiaoping said at the end of April this year, Shanghai Stock Exchange a total of 15 listed ETF, is expected to end further batch of 20 new products. He predicts that by 2013, the Shanghai Stock Exchange will reach 100 total ETF. It was also Chairman of the HKEx Mr Ronald ARCULLI said, Hong Kong is ETF count of 76, turnover amounted to HK $ 600 billion last year, ranking first in the Asia-Pacific region, the eighth in the global market.
