Nomura Granted Additional US$300mil QFII Quota in China
Tokyo, November 15, 2006 - Nomura Securities Co., Ltd. today announced that China’s State Administration of Foreign Exchange has granted it an additional Qualified Foreign Institutional Investors (QFII) quota of US$300 million.
When added to the US$50 million quota granted to Nomura in June 2003, the company now has a total quota of US$350 million, giving it one of the leading quotas of all QFII recognized institutional investors. Nomura plans to use the additional quota to deliver investment opportunities in the high-growth Chinese market to investors.
There are currently 51 QFII qualified institutions and a total investment quota of US$8.6 billion1. Nomura’s quota of US$350 million is the largest for a Japanese securities firm.
1Source: Nomura Securities Co., Ltd.
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Nomura Group
Nomura is a global financial services group dedicated to providing a broad range of financial services for individual, institutional, corporate and government clients. The Group offers a diverse line of competitive products and value-added financial and advisory solutions through its global headquarters in Tokyo, 140 branches in Japan, and an international network in 29 countries; with regional headquarters in Hong Kong, London, and New York. The Group’s business activities include investment consultation and brokerage services for retail investors in Japan, and, on a global basis, brokerage services, securities underwriting, investment banking advisory services, merchant banking, and asset management. For further information about Nomura please visit our website at www.nomura.com.
