国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

   

China to hasten direct overseas equities scheme

(Agencies)
Updated: 2007-11-19 14:47

China will speed up the launch of a trial program that will allow individuals to invest directly in overseas securities, said Wu Panwen, a vice-governor of the People's Bank of China's branch in Tianjin.

Wu made the remarks in an essay published Monday in the central bank-backed Financial News. The essay was on financial reforms in Tianjin, the site of some trials of foreign-exchange reforms.

The trial investment program, announced in August but yet to be launched, will allow individuals to invest in securities on the Hong Kong bourse through Bank of China Ltd's  Tianjin branch.

Wu also said Tianjin will implement a policy of letting banks maintain a net negative position in foreign currencies on the local foreign-exchange market.

Such a policy would allow banks to sell more dollars than they buy, instead of buying more dollars than they sell.


(For more biz stories, please visit Industry Updates)