Search
 

China to Boost Access for Foreign Investors

Regulators increase program that allows investors to bring in yuan raised overseas.

By By Bloomberg News | Updated on November 12, 2012

China will increase fourfold a program that allows investors to bring in yuan raised overseas to meet demand for the nation’s securities.

The China Securities Regulatory Commission, the People’s Bank of China and the State Administration of Foreign Exchange have agreed in principle to increase the quota for the Renminbi Qualified Foreign Institutional Investor program by 200 billion yuan ($32 billion), Guo Shuqing, chairman of the securities regulator, said at a briefing in Beijing yesterday. Hong Kong officials asked for the amount to be lifted, Guo said. The current quota is 70 billion yuan.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.