China Economic ReviewVenture capital investment in China rose 136% year-on-year to US$558.1 million in the second quarter, the largest single quarter investment in more than two years, a survey found. The 54 deals completed also represented the largest number of agreements in a single quarter since Ernst & Young and Dow Jones Financial Information Services started running […]
China may add more than 10 banks to the Qualified Domestic Institutional Investor program (QDII) by the end of the year, the Wall Street Journal reported. The goal is to help reduce appreciation pressure on the yuan, according to Li Fu'an, a director at the China Banking Regulatory Commission. Eight banks are currently allowed under […]
Hong Kong-based firms and individuals will pay a reduced rate of tax on investment income earned from companies in mainland China, according to an agreement signed Monday by Hong Kong and Beijing officials. The agreement, which covers dividends, interest, royalties and capital gains, amongst other things, is designed to make Hong Kong more attractive as […]
The impending inclusion of H-shares in the Hang Seng Index is a further indication of growing mainland influence over Hong Kong’s markets. But where will it all end?
China is tightening regulations for foreign investors operating Internet services in China and plans to close sites that use rented licenses, state media reported. In a circular last week, the Ministry of Information Industry (MII) ordered domestic telecom companies to not lease or sell licenses to foreign investors. The MII said some investors sidestep regulations […]