Caixin OnlineFinance & EconomicsTop Stories Finance Qianhai Eyes Upcoming QDII2 Program
01.31.2013 19:23

Qianhai Eyes Upcoming QDII2 Program

Pilot zone wants scheme to be part of policy package for facilitating cross-border capital flows
By staff reporter Fu Yanyan and Hong Kong correspondent Wang Duan

(Hong Kong) – Shenzhen's Qianhai development zone is gearing itself up for the upcoming Qualified Domestic Individual Investors (QDII2) program, which would allow domestic individual investors to trade securities on overseas stock exchanges.

Qianhai was created as a special pilot zone for yuan internationalization. The pilot scheme of cross-border yuan loans was kicked off there in January.

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Twenty months into a campaign against corrupt leaders, the crackdown is accelerating and the public is in the loop
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