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

  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines