CSRC lays out financial rules for Shanghai trade zone

10/1/2013 | Xinhuanet.com (China)

Qualified financial institutions, companies and individual investors are permitted to invest in domestic and foreign fund markets in Shanghai's free trade zone, according to the China Securities Regulatory Commission. Among other measures, foreign companies can issue renminbi-denominated bonds, and securities and futures firms can set up subsidiaries and carry out over-the-counter trading in staple commodities and financial derivatives for domestic customers.

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Xinhuanet.com (China)

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