In the News: A-Share Market Open to Foreign Investors; Third Internet Court for China
October 01, 2018 | BY
Jacelyn JohnsonCSRC recently approved regulation allowing foreign investors in its A-share market; China's third internet court opens its doors in Guangzhou.
China Opens A-Share Market to Foreign Investors
The China Securities Regulatory Commission (CSRC) have recently approved a regulation amendment allowing foreigners in China to open A-share securities accounts. Since the amendment came into force on Sept. 15, many foreign investors have already taken the opportunity to put their money into shares in the old-age care, automation and robotics sectors, according to state-run Xinhua News Agency.
According to relevant regulations, foreigners who are eligible for an A-share securities account are those who work overseas for a Chinese A-share listed company and enjoy share-based compensation or those that currently work in China. Also, foreign investors should be from countries whose securities regulators have established regulatory cooperation mechanisms with the CSRC. China has signed about 68 memorandums of corporation and understanding with 62 countries and regions around the world.
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