Opportunities for Foreign Investment in PRC Securities Companies
January 31, 2008 | BY
clpstaffWith the boom in the PRC equities markets and the emergence of outbound wealth, foreign interest in China's financial services market has grown substantially. In response to these pressures and the changing environment, the latest round of reforms in the securities industry offers increased clarity and certain real opportunities to tap into the growing PRC securities market.
By Victor Ho, Lynn Yang, and Jane Jiang*
For foreign financial institutions, the PRC financial services market has always been a hugely promising but elusive opportunity. Not surprisingly, the PRC authorities have played a careful game and weighed a careful balance by allowing increased foreign market access, with the imperatives of developing local markets, building infrastructure and growing competitive and strong domestic financial institutions.
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