Taiwan to let investors trade in mainland China stocks via ETFs this year

Post offices in Taiwan began last month to handle yuan remittances to the mainland. Photo: EPA

Taiwan will launch an exchange-traded fund platform for investors to trade in stocks on mainland China’s exchanges this year, the chairman of Taiwan’s Financial Supervisory Commission said in a statement to lawmakers on Wednesday.

Wednesday, 12 March, 2014, 3:45pm

Luxembourg lining up for yuan quota

Luxembourg is banking on its strength in deposits, loans, investment funds and bonds in vying for a yuan investment quota. Photo: AFP

Luxembourg is lobbying Beijing for equal treatment with London, which was granted an investment quota last year allowing investors based there to invest their offshore yuan directly in the mainland's securities markets.

12 Feb 2014 - 12:37am

QFII quota tipped to make up 10 pc of Chinese market

Mainland financial firms are a top-three pick for 30 per cent of QFII quota holders, a survey found.

Investment quota under the QFII scheme will jump to 10 per cent of the mainland market's capitalisation in five years from 1.5 per cent now, says ChinaQFII, a Hong Kong firm that helps foreigners invest on the mainland.

12 Nov 2013 - 3:23am

New exchange-traded fund lets foreigners invest directly in shares listed in mainland China

Mainland-listed shares can be bought by qualified foreign institutions, which must be approved for an investment quota. Photo: Reuters

Foreign investors looking to get access to China’s onshore market will have a new avenue starting on Wednesday when Deutsche Asset & Wealth Management launches the first ETF with direct exposure to shares of companies listed on the mainland.

6 Nov 2013 - 12:15pm

China to extend RQFII scheme to London

Britain has, for its part, agreed to start talks to allow Chinese banks to set up wholesale units there. Photo: EPA

China is set to grant London-based investors the right to use their yuan to buy up to 80 billion yuan (HK$101 billion) worth of mainland stocks, bonds and money market instruments, the Chinese and British governments said on Tuesday.

15 Oct 2013 - 3:21pm

RQFII quota gains 15.6b yuan boost for month

RQFII quota gains 15.6b yuan boost for month

Beijing granted a large amount of quota last month for the scheme that raises offshore yuan to invest in the mainland's bond and stock markets, in an effort to bolster slumbering A shares while encouraging foreigners to hold the local currency.

4 Jun 2013 - 4:39am

Renminbi scheme fails to stir investors

Hong Kong investors are not expected to warm to the renminbi qualified foreign institutional investors (RQFII) product as a favoured investment tool due to vague capital market regulation on the mainland, policy uncertainty from Beijing and unfamiliarity with A-share products.

14 May 2013 - 3:32am

Yuan funds' image hit by meagre returns

RQFII bond funds generated average returns of just 2 to 3 per cent in 2012, while dim sum bonds averaged 7 per cent. Photo: Reuters

Asset managers may find their yuan-denominated fund products a hard sell because of high investment fees, a clouded investment outlook, and weakening fundamentals in the domestic bond and equity markets, key market players say.

29 Apr 2013 - 4:11am

HSI snaps five-day run of declines

Turnover on the exchange was a thin HK$66 billion yesterday, indicating that buying appetite continues to be weak. Photo: AFP

The Hang Seng Index ended a five-day losing streak, led by mainland banks and brokers, as investors built positions before the earnings season and Beijing indicated it would bring in more foreign investors into the mainland stock market.

20 Apr 2013 - 5:35am

Beijing set to pave way for new yuan investment funds

CSRC chairman Xiao Gang

The China Securities Regulatory Commission and the State Administration of Foreign Exchange have begun vetting applications for new renminbi qualified foreign institutional investor (RQFII) products following a three-month hiatus.

20 Apr 2013 - 5:44am

Big investors stay wary on China equities despite RQFII rules change

DBS Bank Hong Kong managing director Leung Tak-lap says the city may be the first issuer of offshore yuan bonds. Photo: Jonathan Wong

DBS, the largest bank in Singapore by market capitalisation, said it would aim to provide its customers with investment products released under the revised scheme, rather than taking up a quota for its own investment portfolio.

28 Mar 2013 - 11:20am

RQFII expansion likely to draw banks and funds

Chan Ka-keung, the Secretary for Financial Services and the Treasury. Photo: Felix Wong

The expansion announced by mainland regulators last week to the renminbi qualified foreign institutional investor (RQFII) pilot scheme will see many international banks and fund houses based in Hong Kong applying to participate, according to Chan Ka-keung, the Secretary for Financial Services and the Treasury.

12 Mar 2013 - 6:48am

Relaxation of RQFII rules in sight

Under the revised rules, Renminbi Qualified Foreign Institutional Investors will no longer be required to put at least 80 per cent of their funds into the domestic fixed income market. Photo: AFP

The mainland's securities regulator may soon relax rules for qualified foreign investors to put their offshore yuan holdings into domestic capital markets, which could lead to a fresh wave of fund flows into stock markets, Xinhua said yesterday.

29 Aug 2013 - 4:13am