Foreigners working in China can trade A-shares, enjoy benefits
The China Securities Regulatory Commission will further liberalize the restrictions on foreign investors investing in A-shares, according to a statement on a rule revision released by China Securities Regulatory Commission (CSRC) late at night on August 15, 2018.
According to the new amendments of the regulation, starting from September 15th, 2018, foreigners working in the Chinese mainland, as well as foreign employees who work for A-share listed companies across the border and get equity incentives, will be allowed to apply to open an A-share trading account.
The securities regulatory body of the countries of qualified foreigners should have already established a regulatory cooperation mechanism with the CSRC, according to the statement.
“The move is significant in expanding the financing channel of the stock market, optimizing structure of the capital market and lifting the level of opening up and internationalization of the capital market,” the CSRC said.
Other than the application form, foreigners who are interested should submit passport photocopies along with their passport, employment certificates issued by domestic companies and a copy of the business license or unified social credit code certificate of the company.
China Securities Regulatory Commission (CSRC) 中国证监会
The China Securities Regulatory Commission (CSRC) is an institution of the State Council of the People’s Republic of China (PRC), with ministry-level rank. It is the main regulator of the securities industry in China. The CSRC includes 36 regulatory bureaus that cover different geographic regions of the country, and two supervisory bureaus at the nation’s two largest stock exchanges in Shanghai and Shenzhen.
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