Investment access set to widen
By Gao Changxin | China Daily | Updated: 2012-03-12 08:10
The mainland might launch a program to allow Taiwan investors to use offshore yuan deposits to invest in the mainland's capital markets, Guo Shuqing, chairman of the China Securities Regulatory Commission, said on Sunday.
A similar program, known as the RMB Qualified Foreign Institutional Investor, or RQFII, was launched in Hong Kong at the end of last year with a quota of 20 billion yuan ($3.17 billion).
At present, individual investors in Taiwan can directly invest in the mainland's dollar-denominated B-share market. They can also buy yuan-denominated A shares through the QFII program.
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