China Vows More Forceful Opening for Foreign Capital
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China will introduce more “forceful” measures to open up its capital markets, a top securities regulator said, signaling further reforms aimed at attracting foreign investment.
Li Ming, a vice chairman of the China Securities Regulatory Commission (CSRC), said Tuesday that the regulator will systematically roll out these new initiatives.
The push for greater openness comes as Beijing seeks to bolster investor confidence and highlight the country’s economic resilience as a unique investment opportunity.
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- China plans to introduce more “forceful” measures to open its capital markets and attract foreign investment, according to CSRC vice chairman Li Ming.
- Measures include expanding Stock Connect, supporting Hong Kong’s treasury bond futures, and equalizing rules for foreign mutual funds.
- Overseas investors currently hold 3.4 trillion yuan ($477.5 billion) in mainland-listed shares.
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