Chinese stocks listed on the Hong Kong market have rallied strongly in anticipation that Chinese i...
Chinese stocks listed on the Hong Kong market have rallied strongly in anticipation that Chinese investors will soon be allowed to buy overseas stocks. Rumours have been mounting that the introduction of the qualified domestic institutional investor scheme (QDII), which will allow certain Chinese investors to invest overseas, is weeks away rather than months. Flavia Cheong, manager of the Aberdeen International China Opportunities fund, said the move follows on from last year's qualified foreign institutional investor scheme (QFII), which theoretically opened Chinese A shares up to...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
