Citigroup 花旗—QDII 给香港金融市场带来的机遇和挑战 04.17

Hong Kong Financial Market Weekly

Hong Kong’s Benefits and Obligations from China’s QDII Scheme

17 April 2007 12页

➤ To boost outward overseas investment, China is likely to increase
financial products covered under its Qualified Domestic Institutional
Investors (QDII) scheme to arouse Chinese investors’ interest
➤ Banks in Hong Kong may earn substantial fees from providing financial
products under the QDII scheme. The local stock market and the fund
management industry will gain from Chinese investment. A larger flow
of funds will also boost Hong Kong’s money and foreign exchange
market transactions
➤ Hong Kong has a duty to help China beef up investors’ education and
protection to ensure the success of the QDII scheme
➤ Debt and money markets: Interbank rates up on IPOs; EF note yields
higher
➤ HK dollar market: HKD strengthening on IPO fund demand
➤ Stock market: Local stocks testing higher levels
➤ Data preview: Continued employment gains amid higher wages,
favorable for domestic consumption