PRC investment flows offshore near $20 billion

Chinese banks and insurers invest abroad through structured products designed by foreign investment banks.

Although China has yet to decide on whether or how to introduce a qualified domestic institutional investor QDII scheme - a result that fills the dreams of global money managers - many mainland institutional investors have become quite active global investors through structured products arranged by foreign investment banks.

PICC has given out a bond mandate and Ping An Life and China Life are looking, says one Shanghai-based executive at a foreign bank, referring to three of China's biggest insurance companies. Commercial banks are already active in global fixed income, and state-owned enterprises with foreign currency are also investing through Hong Kong-based or offshore-based structures. Now the investment trust companies are...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222