QDII (Qualified Financial Institutional Investor) is a mechanism for local investors to invest overseas in countries (regions) where the capital account is not fully open. Investors can only buy and sell through this mechanism, so that the state can supervise the flow and scale of funds. QDII can set up a closed-end fund (that is, after the fund expires, the principal and income can be recovered in one lump sum, and the period cannot be traded), and the upper limit of the term and investment amount can be set for investors to subscribe, and the fund manager is responsible for the investment. The above form allows SAFE to monitor the flow of funds and ensure that funds return to China.

QFII is a qualified overseas institutional investor.

QFII mechanism refers to the accreditation system for foreign professional investment institutions to invest in China. work

QFII system, as a transitional institutional arrangement, was established in countries and regions where the capital account has not been fully opened.

Special channel to realize orderly and steady opening of securities market. Include Korean, Taiwan Province, Indian and Brazilian cities.

Market experience shows that QFII is introduced steadily through the capital market when the currency is not freely convertible.

The way of foreign investment.

Under this system, QFII will be allowed to remit a certain amount of foreign exchange funds and convert them into local currency.

Under strict supervision and management, invest in the local securities market through special accounts, including dividends and bid-ask spreads.

All kinds of capital gains can be converted into foreign exchange for remittance after examination, which is actually a limited opening to foreign investment.

China stock market.

Developed countries don't need to introduce QFII because their currencies are freely convertible. So this system is only a minority.

Count the successful experiences of developing countries. Whether QFII can be successfully implemented depends on whether the overall economy is attractive.

Gravity, whether there are suitable investment tools and securities markets.

What kind of overseas institutional investors are qualified? There are many conditions in this, but the core is not.

Short-term speculation should have the nature of long-term investment. The experience of Taiwan Province Province and South Korea shows that the introduction of QF

After the II mechanism, I am keen on investing in blue-chip stocks, paying attention to dividends of listed companies, and paying attention to the rationality of long-term development of enterprises.

Investment ideas began to prevail, speculation decreased, and the huge fluctuations in the market decreased to some extent.

Therefore, introducing QFII mechanism to attract overseas qualified institutional investors will be beneficial to the promotion.

Further expand the ranks of institutional investors; We can also learn from foreign mature investment concepts to promote the effectiveness of resources.

Configuration; At the same time, promote listed companies to improve corporate governance and accelerate the convergence to the modern enterprise system.