"We have our QFII quota and are in the process of applying for RQFII. We will continue to use these programmes for accessing the mainland market," Wan said.
"The through train scheme is more for retail investors who now have no access to the A-share market. Institutional investors may take this as a new channel to enter the mainland market.
"However, there are certain technical issues that need more clarity before institutional investors can use the system. They are particularly concerned over issues such as tax and ownership rights."
The daily quota was cause for concern, Wan said.
Personal Spending Jumps More than Income in March
-
Disposable (after tax) income rose 0.5 percent in March. Real (inflation
adjusted) income rose 0.2 percent. The rise in spending outpaced the rise
in income.
No comments:
Post a Comment