but the launch process was accelerated. Previously forecast in the industry

Launched in batches on a trial basis, the initial total amount to 20 billion yuan, 80% investment bond market in the Mainland after the Securities and Futures Commission recently launched a package of regulatory reform measures, RQFII market looking forward to next possible launch one of the measures of the Commission. Reporters learned from the sources, the SFC, the Central Bank, the State administration of foreign exchange departments for RQFIITrial measures have basically reached consensus is advancing step by step, but the launch process was accelerated. Previously forecast in the industry, RQFII the fastest could be launched by the end of this year. 　　Main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks saved! This reporter learned that swtor power leveling, RQFII will be launched in the form of pilot batches. Early pilot, the total amount to 20 billion yuan, 80% of the amount invested in bond markets in the Mainland, from domestic markets have become more familiar with the territory of Hong Kong subsidiary of the Fund management company, securities company. First qualification denominated mutual funds ' shares in financial institutions in Hong Kong is likely to have five or six. And the first batchOf the qualifications of domestic brokerages and fund company in the RQFII is likely to choose 2 to 3.　　After the smooth starting and carrying out the pilot project, the relevant departments and agencies to study the feasibility of demonstration as experimental unit of. In May this year, heads of relevant departments of the China Securities Regulatory Commission, has said publicly, RQFII related work has been basically completed, the Commission will contribute to push it as soon as possibleOut. This is the first time the China Securities Regulatory Commission on RQFII launch "as soon as possible" words to describe. In August, Vice Premier Li keqiang said in Hong Kong, "will allow the Renminbi overseas qualified institutional investors invest domestic securities markets". This statement was interpreted as a small introduction of QFII in the industry is accelerating. Since then, the Central Bank also said, the current RQFII experimental work of the technical preparations completed and is expected to launch in the near future. "RQFII has launched the biggest significance is open ', a door '. "A senior industry experts accept the securities Journal said in an interview, currently shares slump, under the environment of renminbi continued to appreciate, while just 20 billion yuan of funds cannot beThe a-share market set off waves, and even can be said to be utterly inadequate, but 20 billion RQFII explore the a-share market, "Vanguard" and let the market vision is 20 billion behind large "main force". According to statistics of the Hong Kong Monetary Authority, as at the end of September this year, Renminbi deposits in Hong Kong reached 622.2 billion yuan, monthly growth of 2.2%. At the beginning of, This figure is only 315 billion yuan. Sitting on large amounts of renminbi deposits in Hong Kong, but the way out but not too, Yuan funds coming out at a time, although the returns were not substantial, but retail investors are enthusiastic response, as can be seen on renminbi products have more desire. RQFII launch, not only to widen the investment channels remain in the Hong Kong currency, but also help to strengthen capitalMarket liquidity. "From a regulatory perspective, possibility of RQFII was launched in the year are very large, and currently also needed liquidity in the domestic market and overseas investors to invest in a-shares of investment demand is also strong, so the timing of launch RQFII very well. "A Chinese brokerage executives to the securities Journal reporter said that afterA year of preparation, RQFII launch time has become more and more mature. At the same time the old republic power leveling, reporters learned that several Chinese financial institutions in Hong Kong a high degree of enthusiasm for this, many before submission to the China Securities Regulatory Commission in their respective currency QFII scheme. Boshi Fund said Zhao Xiaobao access, Managing Director, RQFII products have a framework for companies,Regulators announced once the policy rules, as well as those granted to RQFII qualification and line, material products can be published very soon. Some brokerages began very early to prepare for RQFII. In August last year, haitong launching overseas first renminbi in Hong Kong public fund "of sea-going global currency income funds" set aside RQFII investment channels. Guotai Junan securities in Hong KongCompany also said that the preparations RQFII as early as two years ago, early preparations have been completed, as long as the policy details introduced, offering related products at any time, raise renminbi investment shares.