
China relaxes QFII rules to include private equity
Private equity firms will be allowed to apply for licenses under China's Qualified Foreign Institutional Investor (QFII) program, offering greater freedom to invest in domestic debt and equities. The move is part of wider efforts to open up and liberalize China's capital markets.
Foreign PE firms will participate under the category of asset management institutions. The China Securities Regulatory Commission (CSRC) opened up QFII to private equity investors as it lowered the minimum...
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