DEUTSCHE BANK AND HSBC GOT INVESTMENT QUOTA FROM SAFE

AsiaInfo Services, September, 2003

AsiaInfo Services 09-10-2003 Deutsche Bank and HSBC Got Investment Quota from SAFE CHINA, Sep 10, 2003 (SinoCast via COMTEX) -- State Administration of Foreign Exchange (SAFE) recently approved an investment quota of USD 50 million respectively for Deutsche Bank and Hong Kong & Shanghai Banking Corp (HSBC), 2 QFIIs (Qualified Foreign Institutional Investors) in China. Up to date, SAFE has approved total investment quota of USD 875 million for 7 QFIIs.

(fang) From Financial Times, Page 1, Tuesday, September 09, 2003 info@SinoCast.Com KEYWORD: CHINA INDUSTRY KEYWORD: Marketing Investment SUBJECT CODE: Financial and Securities Copyright 2003 AsiaInfo Services (via Comtex). All rights reserved

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