China might issue RMB treasury bonds in HK

时间：2007-02-07 00:43:15

（单词翻译:单击）

Chinanews, Shanghai, Feb. 6 – Sources from the Hong Kong securities regulatory department said that in the end of December, 2006, mainland securities regulatory department went to Hong Kong to discuss about expanding investing scope for China’s qualified1 domestic institutional investors2 (QDII). It is expected that QDII will soon make their investment in non-fixed-income financial products in overseas market.

 

In addition, Financial Secretary of the Hong Kong Special Administrative3 Region Henry Tang Ying-yen disclosed that substantial progress was expected to be made for mainland financial institutions to issue treasury4 bonds in Hong Kong by the first half of this year, the Shanghai Morning Post reported.

 

The information was released at the Hong Kong Financial Services Forum5 held in Shanghai recently.

 

Earlier this year, the People’s Bank of China approved of mainland financial institutions issuing Renminbi treasury bonds in Hong Kong. Currently, related work has to be done in technical field to pave the way for the launching of the service. Henry Tang Ying-yen said that preparation work in Hong Kong had already started, somewhat earlier than the mainland. He estimated that mainland would finish its preparation work by the second quarter of this year.

 
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1 qualified DCPyj     
adj.合格的，有资格的，胜任的，有限制的
参考例句：
  • He is qualified as a complete man of letters.他有资格当真正的文学家。
  • We must note that we still lack qualified specialists.我们必须看到我们还缺乏有资质的专家。
2 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
3 administrative fzDzkc     
adj.行政的，管理的
参考例句：
  • The administrative burden must be lifted from local government.必须解除地方政府的行政负担。
  • He regarded all these administrative details as beneath his notice.他认为行政管理上的这些琐事都不值一顾。
4 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
5 forum cilx0     
n.论坛，讨论会
参考例句：
  • They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
  • The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

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