CX Daily: China Slams Door on Multibillion-Dollar Offshore Trading Loophole
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In Depth: China Slams Door on Multibillion-Dollar Offshore Trading Loophole
For more than a decade, millions of investors on the Chinese mainland have sidestepped the country’s strict capital controls by using slick internet brokerage apps to trade U.S. and Hong Kong stocks. That multibillion-dollar grey market is now facing eradication.
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