QFII rules open Chinese markets to institutional investors

New regulations coming into effect this month mark a significant development of the securities market in China.

Qualifying Foreign Institutional Investors Investing in Domestic Securities Markets Tentative Procedures the QFII Tentative Procedures were promulgated by the China Securities Regulatory Commission and the People's Bank of China on 5 November.

Key features of interest include

Opening the A share and domestic bond markets to foreign investment for the first time

Access to the A share RMB denominated shares issued by PRC companies listed on one of the two domestic Stock Exchanges in Shanghai and Shenzhen market was previously reserved only for domestic PRC individuals and institutions and consequently off-limits to offshore foreign investors.

The QFII Tentative Procedures mean that certain types of institutional investors outside the PRC which meet the relevant criteria...

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