Foreign holdings of China equities reaches a record high

07.11.2019 - Korneychuk Evgeniya
Foreign holdings of China equities reaches a record high

Foreign holdings of China equities reaches a record high

Foreign holdings of Chinese stocks soared to a record high in the end of the third quarter despite trade disputes with the United States.

By late September, Chinese equities held by foreigners amounted to a record of 1.77 trillion Yuan ($253.14 billion) after maintain a steady rise for 4 months straight according to the latest data from the People’s Bank of China (PBOC).

 China is currently working on opening its heavily-policed capital markets after having recently scrapping investment quotas under the Qualified Foreign Institutional Investor (QFII) scheme.

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