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As more opening-up measures will take effect in the near future, "China's capital market is expected to be more active and developed," said Fang, in response to a speech delivered by President Xi Jinping on Tuesday morning announcing a number of landmark measures that are to be launched this year to broaden market access in the service sector, especially for financial service business.

As of last year, more than 10,000 elevator installations have been finished, and another 11,000 elevators were either under construction or going through the approval process, she said.

As of Feb 27, the RQFII quota came in at 660.47 billion yuan (.4 billion), according to the State Administration of Foreign Exchange.

As per Chinese regulations, as soon as overseas ownership in a mainland-listed company exceeds 28 percent, buy orders from Hong Kong are halted. Sell orders, however, can continue. Buy orders are allowed to resume only after overseas ownership falls below 26 percent.

As market expectations grew over an interest rate cut this month by the US Federal Reserve, the US dollar index dropped by nearly 1.7 percent in June to 96.2, boosting the value in US dollar terms of reserve assets denominated in other currencies, said a report from China International Capital Corp Ltd.