China Scraps QFII Limit on Sovereign Funds, Central Banks

Bloomberg News

China scrapped a ceiling on investments by overseas sovereign wealth funds and central banks in its capital markets, part of government efforts to encourage long-term foreign ownership and shore up slumping equities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Trump Boosts North Korea Sanctions, Adding Economic Pressure
  3. Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push
  4. Home Prices Soar in Disaster-Prone Areas
  5. S&P Cuts China’s Credit Rating, Citing Risk From Debt Growth