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CCTV9英语新闻:欧洲首个RQFII ETF基金在伦敦证交所上市

时间:2014-01-11 14:29:02

(单词翻译:单击)

By CCTV correspondent Laura Luo

China's first RMB Qualified1 Foreign Institutional Investor2 or RQFII exchange traded fund was launched at the London Stock Exchange on Thursday. Just how important is its launch for European investors3 to access China's domestic market.

Investors across Europe are now able to invest into China's A share market, through the first RQFII exchange traded fund. The ETF for Renminbi qualified foreign institutional investors was jointly4 launched by Chinese asset management firm CSOP and London-based company Source on Thursday. The fund will track 50 best performing companies in the Chinese mainland.

"So the allocation for the RQFII scheme is 80 billion RMB. So this one is the, after Hong Kong and Singapore, definitely the first city of the Europe grant for this RQFII scheme quota5. So Europe became, London is the first one," Jessie Pak, Managing Director for Asia of Financial Times & Stock Exchange, says.

The 80 billion yuan Pak mentioned was the initial yuan investment quota China agreed to grant to the UK back in October 2013. The launch of the ETF is seen to strengthen London's position as a centre for offshore6 RMB transaction.

"So I think that actually is very important for the European market, because the RQFII scheme provide very good equity7, so we will see that will further strengthen the London Source exchange and also the UK market," Pak says.

CSOP has a 30 billion yuan, or 5 billion USD worth of RQFII quota. The new EFT will be traded in dollars and pounds, but settled in yuan. The fund has already received subscriptions8 totalling 230 million US dollars.


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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 investor aq4zNm     
n.投资者,投资人
参考例句:
  • My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
  • The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。
3 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
4 jointly jp9zvS     
ad.联合地,共同地
参考例句:
  • Tenants are jointly and severally liable for payment of the rent. 租金由承租人共同且分别承担。
  • She owns the house jointly with her husband. 她和丈夫共同拥有这所房子。
5 quota vSKxV     
n.(生产、进出口等的)配额,(移民的)限额
参考例句:
  • A restricted import quota was set for meat products.肉类产品设定了进口配额。
  • He overfulfilled his production quota for two months running.他一连两个月超额完成生产指标。
6 offshore FIux8     
adj.海面的,吹向海面的;adv.向海面
参考例句:
  • A big program of oil exploration has begun offshore.一个大规模的石油勘探计划正在近海展开。
  • A gentle current carried them slowly offshore.和缓的潮流慢慢地把他们带离了海岸。
7 equity ji8zp     
n.公正,公平,(无固定利息的)股票
参考例句:
  • They shared the work of the house with equity.他们公平地分担家务。
  • To capture his equity,Murphy must either sell or refinance.要获得资产净值,墨菲必须出售或者重新融资。
8 subscriptions 2d5d14f95af035cbd8437948de61f94c     
n.(报刊等的)订阅费( subscription的名词复数 );捐款;(俱乐部的)会员费;捐助
参考例句:
  • Subscriptions to these magazines can be paid in at the post office. 这些杂志的订阅费可以在邮局缴纳。 来自《简明英汉词典》
  • Payment of subscriptions should be made to the club secretary. 会费应交给俱乐部秘书。 来自《简明英汉词典》