Economic highlights for this week

By Matt Velker
0 CommentsPrint E-mail China.org.cn, May 9, 2011
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Follow the stock market. Get the updates you need to make sense of the dynamic, global economy. China.org.cn brings you the economic highlights for this week:

1. CSRC permits qualified foreign institutional investors to trade index futures

 

China Securities Regulatory Commission 


China will permit qualified foreign institutional investors (QFII) to buy index futures for hedging purposes, according to a directive published Friday on the China Securities Regulatory Commission's website. QFIIs interested in participating in the market should submit investment plans to the CSRC and State Administration of Foreign Exchange. They will not be permitted to float derivatives based on Chinese index futures abroad.

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