Jan 31, 2013 07:23 PM

Qianhai Eyes Upcoming QDII2 Program

By staff reporter Fu Yanyan and Hong Kong correspondent Wang Duan

(Hong Kong) – Shenzhen's Qianhai development zone is gearing itself up for the upcoming Qualified Domestic Individual Investors (QDII2) program, which would allow domestic individual investors to trade securities on overseas stock exchanges.

Qianhai was created as a special pilot zone for yuan internationalization. The pilot scheme of cross-border yuan loans was kicked off there in January.

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