Date
24 October 2017

US investors get indirect access to mainland stocks, WSJ says

China has given approval to two domestic fund managers to offer products in the United States for the first time, giving US investors indirect access to Chinese stocks, the Wall Street Journal reported Thursday. Exchange-traded Funds offered by Bosera Asset Management and Harvest Fund Management Co. Ltd. will be traded on the New York Stock Exchange. The two funds were issued under the renminbi qualified foreign institutional investor scheme, the report said.

– Contact HKEJ at [email protected]

EL/AC/RA

 

EJI Weekly Newsletter

Please click here to unsubscribe