Chinas financial opening up attracts global investors

凯发国际娱乐手机

2018-10-14

Chinaslatestopening-upmeasuresinthefinancialsectorhaveattractedmoreglobalinvestorstoChina,JapanslargestsecuritiestraderNomurabecamethefirstforeignplayerplanningtosetupaholdingfirminChina,sstakesandsubmittedapplicationmaterialstoChinastopsecuritieswatchdog,theChinaSecuritiesRegulatoryCommission(CSRC),,(HongKong)LimitedhadappliedtosetupamajorityownershipsecuritiesfirminChina,andthecompanyplanstohold51percentofthenewfirm,internationao.,whichisthefirstforeign-investedfully-licensedsecuritiesfirminChina."TheseareimportantsignalsofChinasfinancialopeningup,showingthecountrysgreatmarketpotentialandconfidencefromglobalinvestors,"YangChangyong,aseniorresearcherfromtheChineseAcademyofMacroeconomicResearch,upsecuritiestradingfirmswithholdingstatusaspartofChinasopening-upefforts."ThemoveisanimportantstepoffurtheropeningChinassecuritiessectortoforeignplayers,anditwillbringhealthycompetitionandhelpintroducematureexperiencesandexpertisefromoverseasinstitutionstothedomesticindustry,"ccesssincethebeginningof2018,ayearthatmarksthe40thanniversaryofthecountrysthatallowdomesticinvestorstoaccessforeignassets,haiandthequotafortheQualifiedDomesticInvestmentE,globalindexproviderMSCIwilllistanumberofChinaA-sharesinitsmarketindices,providingnewchannelsforglobalinvestorstobenefitfromChinasstronggrowth."TheChinesemarkethasgreaterappealdaybyday,"saidJingUlrich,managingdirectorandvicechairofAsiaPacificofJPMorganChase."Investorsfromaroundtheworldaremovingtoaddinvestmenthereinpreparationforopportunitiestoemergeinthefuture,"Province,YiGang,governorofthePeoplesBankofChina,stressedequaltreatmentofdomesticandforeigncompanies.","hesaid.。