两只A股ETF Two a-share ETF

　　月底登陆港交所 The end of the month on the Hong Kong exchange

　　香港A股交易所交易基金（ETF）本月底将再添两名新成员。继香港市场首只人民币计价A股ETF——华夏沪深300指数ETF于上月17日在港交所挂牌后，南方东英资产管理公司和易方达资产管理（香港）公司发行的两只A股ETF上周也获得香港证监会批准，预计分别于8月27日和28日在港交所挂牌上市。届时，香港的A股ETF将增加至3只。

Hong Kong A share exchange fund（ETF）The end of this month will be added two new members。The Hong Kong market first only RMB a-share ETF - Chinese csi 300 index ETF 17 last month in Hong Kong listed into the after，The south east British asset management companies and YiFangDa asset management（Hong Kong）The company issued two a-share ETF last week also won the Hong Kong securities regulatory commission for approval，Expected respectively on August 27 and 28 listed in Hong Kong by hand in。the，Hong Kong's a-share ETF will increase to 3 only。

　　据悉，南方东英发行的A股ETF投资标的为富时中国A50指数，易方达（香港）发行的A股ETF投资标的为中证100指数，额度分别为50亿元和20亿元人民币。两只ETF产品最快于本周建仓。

It is reported，The south east the issue of A shares ETF investment target for China's rich A50 index，YiFangDa（Hong Kong）Issue of A shares ETF investment target for enhanced 100 index，Line respectively for 5 billion yuan and 2 billion yuan。Two ETF fastest products in a week。

　　另外，嘉实追踪MSCI中国指数的ETF产品仍有待香港证监会审批，最快9月份推出。此前，嘉实国际资产管理主席赵学军表示，有望在第三季度推出A股ETF。市场人士估计，内地ETF发行商大成、汇添富、博时、海富通及华安，都有意在香港发行A股ETF。中国内地于去年12月正式宣布启动人民币合格境外机构投资者（RQFII），首批额度为200亿元人民币，分配给9家基金公司和12家券商。此后又提供500亿元人民币的第二批额度，用于发行人民币A股ETF产品。

In addition，Fine fruit tracking MSCI China index ETF products remains to be Hong Kong securities regulatory commission for examination and approval，The fastest launched in September。after，Fine fruit international asset management ZhaoXueJun chairman said，In the third quarter is expected to launch A share ETF。Market estimates，The mainland ETF dacheng vendor、Exchange add rich、When rich、Fortis haitong and HuaAn，All interested in Hong Kong to issue A shares ETF。Mainland China in December last year officially launched RMB qualified foreign institutional investors（RQFII），The first line for 20 billion yuan，Assigned to nine fund company and 12 home brokers。Since then and provide RMB 50 billion of the second batch of line，To issue RMB a-share ETF products。

　　据悉，有别于首批RQFII于年初推出的零售基金，A股ETF涉及每天申购、赎回、人民币跨境流动等，操作上相对复杂。香港证监会的审批条件之一是考虑母公司在内地营运同类产品的经验，并要进行多次运作流程、结算的测试。市场人士预计，第二批RQFII额度仅容许基金公司参与，券商或未能获得额度。不过，券商早已摩拳擦掌。此前，海通国际执行董事兼营运总监潘慕尧表示，公司已做好准备工作，有信心能获得第二批RQFII额度。(徐欢)

It is reported，Different from the first RQFII early to launch retail fund，A shares in ETF every purchase、redemption、The cross-border flow, etc，Operation relatively complex。Hong Kong securities regulatory commission approval conditions is to consider one of the parent company in the mainland of the same products operating experience，And to carry on the multiple operation flow、Settlement test。Market participants are expected to，The second batch of RQFII line only allow fund company to participate in，Brokers or failure to obtain line。but，Brokers had anyway。after，Haitong the international executive director and director of operations PanMuYao said，The company is ready to work，Confidence can obtain the second batch of RQFII line。(XuHuan)

欧元集团主席容克： The euro group chairman RongKe：

　　希腊不会退出欧元区 Greece won't quit the euro area

　　欧元区集团主席容克日前在接受奥地利媒体采访时强调，希腊不会退出欧元区，否则将会带来不可预见的风险。

The eurozone group chairman RongKe recently in an interview with the media Austria emphasized，Greece won't quit the euro area，Otherwise will bring unexpected risk。

　　容克说，希腊将会加倍努力以求达到削减赤字的目标，除非违反所有的贷款条件和协议规定，否则不会出现退出欧元区的情况。他认为，虽然希腊退出在技术上可行，但政治上绝对不可行。 (吕锦明)

RongKe said，Greece will redouble our efforts in order to achieve the goal of deficit reduction，Unless all loans in violation of the conditions and the agreement，Otherwise, won't appear out of the euro area。He thinks，Although Greek exit is technically feasible，But political absolute not feasible。 (LvJinMing)

领土主权争议升温 Territorial sovereignty dispute warming

　　日本拟经济报复韩国 Japan quasi economic revenge South Korea

　　近日，韩国与日本就有关独岛（日方称竹岛）的主权争议持续升温，双方的火药味已经蔓延至经济领域。日本财务大臣安住淳日前宣布，取消原定近期举行的“韩日财长会谈”，并表示即将于10月份到期的韩日双边货币互换协议规模扩大措施是否延长将是未知数，暗示日方可能会采取缩小融资规模的措施报复韩国。

recently，South Korea and Japan DuDao relevant（Japan says bamboo island）The sovereignty dispute continues to heat up，Both the smell of gunpowder has spread to the economic field。Japan's finance minister abide in chun has announced，Cancel was held recently“South Korea finance ministers' meeting”，And that will be in October the bilateral currency swap due South Korea agreement scale measures will extend will be unknown，Suggest that Japan may take narrow financing scale measures revenge South Korea。

　　据悉，2011年10月，为应对韩元暴跌，韩日两国决定将双边货币互换协议的规模由130亿美元扩大至700亿美元。(唐盛)

It is reported，In October 2011，To cope with won slump，The two countries decided to South Korea bilateral currency swap agreement by $13 billion to expand the scale of $70 billion。(TangCheng)