Last updated on October 12, 2019
Chinese securities regulator announced a timetable for fully opening its futures, brokerage and fund management sectors to foreign investors next year.
China will remove the cap on foreign ownership in futures companies on January 1, 2020, scrap the foreign ownership limits in fund management companies on April 1 next year and lift such restriction for securities companies on December 1, 2020, said the China Securities Regulatory Commission (CSRC) at a press briefing on Friday.
In . . .
To continue reading, please subscribe. You will get
- THE WIRE - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilising a network of journalists, traders, brokers, analysts, etc. We walk you through every trading day in China with marking-moving information you must know. Here are some screenshots of the wire updates.
- IN-DEPTH & DATA-DRIVEN reporting on China's economy, policy and financial markets.
- DETAILS - We bring you important details that you won't find elsewhere.
- WEEKLY NEWSLETTER with Editors' Picks
Already have an account? Sign In