Fund firms welcome China plan to raise foreign ownership limits

Jun 13, 2016

Beijing pledged last week to raise the 49% cap on foreign stakes in mainland fund firms and to give details on investment management WFOEs, further widening the options for overseas fund houses.

Fund firms welcome China plan to raise foreign ownership limits

Beijing’s latest pledge to gradually raise the 49% cap on stakes held by foreign financial firms in mainland fund and securities companies has created yet another incentive for overseas players to review their China businesses.

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