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Xinyuan Real Estate Co., Ltd. Message Board

  • infn444 infn444 Jan 14, 2013 9:11 AM Flag

    More money

    HONG KONG--In what would be a drastic liberalization of China's huge but still cloistered capital markets, the country's top securities regulator said Monday that foreign investment could be allowed to rise as much as tenfold.
    Citing the still-nascent levels of overseas participation in domestic stock markets - despite recent actions more than doubling the amount of money that foreign funds can invest there - Guo Shuqing, the regulator, hinted that 2013 could bring sweeping new measures to open financial markets in China, which has the world's second-biggest economy, after that of the United States

5.54-0.15(-2.64%)Oct 25 4:02 PMEDT