While seen as an important step, Friday's announcement of a free-trade zone in Shanghai lacks clarity, particularly around interest-rate liberalisation, agree industry participants.
Tag : shanghai
Six large hedge fund managers are set to raise money from China investors, with the number of firms tipped to expand down the line.
A pilot securities borrowing scheme has met a lukewarm response despite the establishment of a central counterparty. Complexity in posting assets as collateral is seen as unhelpful.
The $340 billion pension fund has set itself a long-term goal of opening offices in Hong Kong and Shanghai. However, for now it is focused on stabilising its other overseas bases.