中文       Deutsch       Français       日本語
Search      Subscribe
Home    Nation    World    Business    Opinion    Lifestyle    China Focus    ChinAfrica    Multimedia    Columnists    Documents    Special Reports
Business
China Allows Foreigners to Trade A-Shares Next Month
The move expands the investor base, introduces more liquidity and improves the structure of the securities market
Edited by Zhang Shasha 
China has approved regulation amendments, allowing qualified individual foreign investors to open securities accounts to trade A-shares next month.
The updated regulation, which will take effect on September 15, will allow foreign individuals working in the Chinese mainland to open A-share trading accounts, a move to further open up the securities market, according to the China Securities Regulatory Commission (CSRC).

The move will expand the investor base, introduce more liquidity and improve the structure of the securities market, the CSRC said on its website.

Eligible foreign investors must come from countries or regions that have established regulatory cooperation mechanisms with the CSRC, according to a separate statement issued by the China Securities Depository and Clearing Corporation (CSDC).

Starting from September 15, qualified foreigners can apply for A-share securities accounts by submitting application materials, including an application form for starting security accounts, a passport and its copy, and proof of employment issued by a domestic institution.

The CSRC also expanded the equity incentive objects of foreigners working at companies listed on the A-share market from those working in the mainland to all foreign employees.

In April 2013, the A-share market was opened to residents from Hong Kong, Macao, and Taiwan who work or live in the mainland. By the end of July, 125,000 qualified residents from these regions have opened A-share securities accounts, according to data from the CSDC.

(Xinhua News Agency August 16, 2018)
About Us    |    Contact Us    |    Advertise with Us    |    Subscribe
Partners: China.org.cn   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CGTN   |   China Tibet Online   |   China Radio International   |   Beijing Today   |   gb times   |   China Job.com   |   Eastday   |   CCN
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860号
Print
Chinese Dictionary: