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Shanghai May Allow Foreign Investment in Yuan Funds

Data Analysis 02:38:36PM Mar 18, 2010 Source:SMM

SHANGHAI, Mar. 18-- Shanghai's financial district may begin trials for allowing foreign investment in yuan-denominated private equity funds, the Oriental Morning Post reported today, citing an unidentified person familiar with the situation.

Foreign capital may be allowed to invest in the funds through a qualified foreign limited partnership scheme, the Shanghai-based newspaper reported. The trials would be set in Shanghai's Pudong district, according to the report.
 

Shanghai May Allow Foreign Investment in Yuan Funds

Data Analysis 02:38:36PM Mar 18, 2010 Source:SMM

SHANGHAI, Mar. 18-- Shanghai's financial district may begin trials for allowing foreign investment in yuan-denominated private equity funds, the Oriental Morning Post reported today, citing an unidentified person familiar with the situation.

Foreign capital may be allowed to invest in the funds through a qualified foreign limited partnership scheme, the Shanghai-based newspaper reported. The trials would be set in Shanghai's Pudong district, according to the report.