Foreigners can get bigger stakes in companies
Foreign investors can own more of a listed Chinese company after rules were relaxed to attract long-term overseas capital.
Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) can hold up to 30 percent of a company, under a guideline issued by the Shanghai Stock Exchange. That is an increase from an earlier cap of 20 percent of total outstanding shares in a company.
Foreign investors will soon be able to invest in more financial products, including asset-backed securities and preferred shares, according to the authority.