China has revised rules to enable more foreign investors to trade stocks in the mainland via local brokers and take part in Chinese employers’ stock incentive plans, starting from September 15th, according to a statement released late Wednesday by the China Securities Regulatory Commission (CSRC).
Under the revised plan, more than 900,000 foreign workers based in China will be able to open accounts in local brokerages to trade yuan-denominated A-shares listed on the Shanghai or Shenzhen stock exchanges, the statement read.
According to the rules, foreign staff members of domestic-listed companies are eligible to become incentive . . .
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