境外金融机构投资入股中资金融机构管理办法 Administration of Equity Investment of Overseas Financial Institutions in Chine

investment of financial institutions of Hong Kong， Macao and Taiwan regions in Chinese-funded financial institutions. Where the State Council provides otherwise， such provisions shall prevail.

　　Article 18　These Procedures shall not apply to the purchase of tradable shares of listed Chinese-funded financial institutions by qualified foreign institutional investors.

　　Article 19　Equity investment in auto finance companies shall be handled in accordance with the relevant provisions of the Administration of Auto Finance Companies Procedures.

　　Article 20　The China Banking Regulatory Commission is in charge of the interpretation of these Procedures.

　　Article 21　These Procedures shall be implemented as of 31 December 2003. In the case of any inconsistency between relevant documents promulgated prior to the implementation of these Procedures and the provisions hereof， these Procedures shall prevail

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