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China gives leeway for more foreigners to trade A shares

2018-08-17 2 Dailymotion

중국 내달부터 자국내 외국인에 주식거래 허용<br /><br /> Beijing will further open its financial market to foreign investors to boost its sluggish stock market.<br /> The China Securities Regulatory Commission plans to allow foreigners working in mainland to establish accounts to directly trade the country’s blue-chip A-shares from September.<br />Until now, the authortiies only permitted permanent residents and a few other select groups to trade A-shares directly, with foreign investors having to use cross-boundary channels such as Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect. <br />

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