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Beijing may allow foreign financial firms to list in China - ex-finance minister

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China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when 'conditions are ripe', local media quoted a former finance minister as saying on Saturday.

A man wearing a mask walks by the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, February 3, 2020. REUTERS/Aly Song/File Photo

Such moves would be in line with the country's opening up of its financial industry, Lou Jiwei told the Global Asset Management Forum in Beijing, according to the 21st Century Business Herald newspaper.

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

No way would companies want to enlist in china. After the collapse of evergrande, the foreign investors did not get a penny so why would they risk their investment in china?

Lol. I am sure there will be a stampede… Of crickets

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