1. is also a transitional institutional arrangement, which allows domestic investors to invest in overseas securities markets to a certain extent before the currency is fully convertible and the capital account is not yet open.
2.qd2 Fund refers to allowing mainland residents to make foreign currency investments in overseas capital markets. At present, this means investing in Hong Kong's capital market. QDII can accumulate experience for the orderly opening of China's capital market and play an active role in cultivating mainland institutional investors. In particular, the capital situation in Hong Kong, Hong Kong's capital market may be a barrel with a market value of nearly 34,000 Hong Kong dollars. Experts estimate that if QDII is allowed, the funds to enter the Hong Kong market in advance will not exceed $5 billion.
3. A fund generally refers to a certain amount of funds set up for a specific purpose. It mainly includes trust and investment funds, provident funds, insurance funds and retirement funds. From the accounting point of view, funds refer to the specific purposes and uses of funds. The fund we are talking about basically refers to the securities investment fund.
1. Securities refer to all kinds of economic rights and interests certificates, as well as special products, which are legal certificates used to prove certain rights and interests enjoyed by the holders. Securities are essentially a kind of civil rights with property attributes. The characteristics of securities are that civil rights are expressed in the form of securities, rights are combined with securities, and rights are expressed in the form of securities, that is, rights securitization. Generally speaking, securities can be divided into securities that bring benefits to users and securities that bring benefits to users. Marketable securities refer to securities that cannot bring benefits to users. Including certificate securities and title securities. Voucher securities, also known as evidence securities, are documents used to prove certain facts, such as debit cards, receipts and bills. There is usually no liquidity in the market. Ownership securities are securities (such as land ownership certificates) that prove that the holder is the legal owner of certain rights. Securities are a kind of securities, the essence of which is still trading contracts or contracts, but unlike other securities, securities have the following characteristics: any securities have a certain face value, any securities can be freely transferred, any securities have their own prices, and any securities can bring certain benefits to holders in the future.
2. Securities companies are legal person enterprises specializing in securities sales, which are divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities management company established with the approval of the competent department, and it is also an institution that specializes in securities business after the relevant industrial and commercial administrative departments have obtained business licenses. With the membership of the stock exchange, it can underwrite securities issuance, self-management or agent self-management and trading. Ordinary investors should invest in securities through securities dealers. Securities companies in different countries have different names. In the United States, securities companies are called investment banks or securities brokers. In Britain, securities companies are called commercial banks. In continental Europe, the investment bank is only a part of the universal bank, which is called the East Asia Securities Company.