Foreign investors eye futures market
(Xinhua)Updated: 2007-02-26 10:00
Hong Kong investment is not the best choice for mainland futures companies due to its lack of advanced management, which is exactly what the latter need from their new shareholders to upgrade their brands, says Liu Songtao, general manager of the Beijing branch of Shanghai Continent Futures Co., Ltd.
The newspaper also said that a report from the research center of China Securities Regulatory Commission had advised the government to introduce QFII into the futures sector.
However, foreign investors' entry into China's futures market by buying into Chinese futures companies remains uncertain till further policies comes up, the report said.
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