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Morgan Stanley granted QFII investment line of 300million US dollars 3/7/2003

The China State Administration of Foreign Exchange (SAFE)announced Thursday that it has extended a investment line of 300million US dollars to Morgan Stanley &International Limited as a qualified foreign institutional investor (QFII).

Morgan Stanley is the fourth QFII to receive a line of investment in China,following the UBS Limited with 300million dollars;Nomura Securities Co.Ltd with 50million dollars;and Citigroup Global Markets Limited with 75million dollars.E


Xinhua


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