Saturday, August 21, 2010

MT4_The "Through Train" witrh Hong Kong




In August, 2007, the mainland release its trial in “through train” with Hong Kong, but finally it came to an eventual end. The so-called “through train” with Hong Kong refers to that the China State Administration of Foreign Exchange (forex) and China Securities Regulatory Commission announcing to allow the domestic forex investors open oversea security investment of foreign exchange(forex) account by some trail commercial banks.

At the meantime, the domestic forex investors can buy the foreign exchange (forex) with own foreign exchange (forex) and RMB, and then save the foreign exchange (forex) into the security investment foreign exchange (forex) account, finally invest the securities in the Hong Kong Stock Exchange by the proxy security account in the commercial banks.

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