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FINANCE

China Clears Last Hurdle for Foreign Private Funds to Invest Onshore

By Yue Yue and Wang Yuqian

(Beijing) — China has published rules allowing foreign private fund companies to sell products in the country and invest funds received in the A-share market.

This paves the way for foreign fund companies to tap China’s growing demand for wealth management services by broadening the scope of securities they can buy for clients to include those issued and traded on the Shanghai and Shenzhen stock exchanges.

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