Mon, Nov 18, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: China makes its capital markets and financial services sector more attractive to foreign investment

Friday, June 22, 2018

By: David Olsson & Andrew Fei, King & Wood Mallesons

New rules and policy statements by China's regulators provide a catalyst for the further opening up of China's financial markets and financial services sector to foreign investment, leading to increased competition, more innovation and better quality of service.

This article provides an overview of these developments and highlights some implications for foreign investors.

Overall, these developments represent a continuation of the trend of gradual opening up of China's economy. They present significant business opportunities for foreign investors that wish to access China's massive (and rapidly growing) capital markets and those that wish to enter or expand their presence in China's financial services sector, which serves a growing list of multinational companies and a burgeoning, educated and tech-savvy middle class.

Background

For China, 2018 is a milestone year because it marks the 40th anniversary of reform and opening up in China, and the beginning of the implementation of the decisions made at China's 19th National Congress.

On 10 April 2018, Chinese President Xi Jinping announced a "new phase of opening up" of China's economy at the 2018 Boao Forum for Asia. The speech referred to further opening up of China's financial system and making China more attractive for foreign investments. The following day, Yi Gang, Governor of the People's Bank ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Private equity is the new stock, Private equity fundraising in the US hits all-time high, Foreign private equity firms lead $152bn blitz on London Stock Exchange[more]

    Private equity is the new stock From Institutional Investor: The traditional portfolio of stocks and bonds needs an alternative investment shake-up after failed monetary policy, according to executives at JPMorgan Chase & Co.'s asset management unit. "We are in an odd cyclical posit

  2. Opinion: Cliff Asness: It's 'time to sin'[more]

    From Institutional Investor: Timing the market can be "deceptively difficult," as quantitative investor Cliff Asness has pointed out before. But now, the AQR Capital Management co-founder believes that while factor timing is "an ugly thing," it is "about time we did some" - specifically when it com

  3. Investing: Hedge fund Whitebox places big bet on gunmaker Remington, Quant funds exit Japanese bonds in worst sell-off since 2013[more]

    Hedge fund Whitebox places big bet on gunmaker Remington From Reuters: Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company. Whitebox

  4. Tech: Investors race to tech start-ups despite SoftBank stumbles, Two Sigma launches risk management software[more]

    Investors race to tech start-ups despite SoftBank stumbles From FT: Investors are planning to pour billions more dollars into later stage tech start-ups, even as Japan's SoftBank reels from a succession of faltering bets. Stephen Schwarzman's Blackstone plans to raise between $3bn and $4b

  5. Regulatory: Carried interest tax rules slated for 2020, official says[more]

    From Bloomberg: The Treasury Department is planning to issue regulations restricting how hedge fund managers can claim a valuable tax break early next year, a top Treasury official said. The regulations will likely bar money managers from using S corporations to take advantage of an exemption