Examples of PRC mainland in a sentence
A foreign institutional investor out- side the PRC mainland may apply to the CSRC for the QFI License, while there is no need for a foreign institutional investor having held either a QFII or RQFII license to reapply for the QFI li- cense.
A foreign institutional investor outside the PRC mainland may apply to the CSRC for the QFI License, while there is no need for a foreign institutional investor having held either a QFII or RQFII license to re-apply for the QFI license.
All of the Group’s revenue are derived from activities in, and from customers located in the PRC mainland and no geographical segment analysis is prepared.
All of the Sub-Fund’s assets in the PRC mainland acquired through or in connection with the QFI status of the Manager (including onshore PRC cash deposits, its onshore PRC Government and Policy Bank Bonds portfolio and other PRC onshore investments) will be held by the PRC Custodian in accordance with the terms of the PRC Custody Agreement and PRC Participation Agreement.
Under current regulations in the PRC mainland, foreign investors can invest only in the domestic securities and/or futures market through certain foreign institutional investors that have obtained status as a QFI from the CSRC to remit foreign freely convertible currencies and RMB into the PRC mainland for the purpose of investing in the PRC mainland’s domestic securities and/or futures markets.
Since the Manager has been granted with QFII license and RQFII license by CSRC, it shall be regarded as a QFI, and may freely select to use funds in foreign currencies which can be traded on CFETS (defined below) and/or offshore RMB funds to be remitted in to carry out PRC mainland domestic securities and futures investment as long as separate cash accounts for receiving such cash are duly opened.
Ms. Ding holds a Master’s Degree in Business Administration from the San Francisco State University in the United States and a Bachelor degree in Electrical Engineering from the Sichuan University in the PRC mainland.
The subsidiaries of the Group were mainly registered in PRC mainland, Macao and Hong Kong, respectively, where profit tax rates vary.
Investors should, however, exercise caution when referring to PRC mainland local credit ratings of bonds, as the local credit ratings industry in the PRC mainland is still in an early development stage.
Approximately 86% of the carrying values of the Group’s assets are situated in the PRC mainland.