PBoC confirms QDII2, issues more FTZ rulesToby YiuNov 1, 2015China's central bank has given the nod on the QDII2 scheme to allow wealthy individuals to allocate overseas, and is further liberalising offshore investment via the Shanghai free trade zone.
Fidelity establishes WFOE in Shanghai FTZToby YiuOct 19, 2015The aim for Fidelity is to provide domestic services to institutional clients in China, where next year it hopes to sell its first Hong Kong fund.