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China’s securities regulator is looking at the potential to raise the cap on foreign ownership in the country's listed companies, according to Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC).
In an interview in Davos, Switzerland, Fang said there’s potential to lift the limit to “more than 30 per cent” given that other countries in the region have higher caps.
“So why shouldn’t China do similar things,” he said in a Bloomberg Television interview while attending the World Economic Forum. “Now of course, this has to go through . . .
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