Date
20 November 2017

Qianhai may launch QDII2 trial scheme, paper says

Shenzhen’s Qianhai experimental financial zone is likely to launch a trial scheme allowing individual mainland investors to directly invest in overseas capital markets, particularly Hong Kong, Securities Times reported Wednesday, citing Li Qiang, deputy chief of the zone’s administration bureau. Under the scheme known as the qualified domestic individual investor (QDII2) program, two fully-licensed Hong Kong securities firms and a Taiwanese company will set up branches in the zone in the first half of the year to initiate the business, the report said.

– Contact HKEJ [email protected]

TL/AC/CG

 

 

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