Reformed QFII/RQFII Programs Facilitate Investment in China

The People’s Republic of China has notoriously strict rules for access to its securities markets, but a number of programs initiated by China in the past two decades have opened the window to trading by foreign investors. A recent Simmons & Simmons webinar provided an overview of the opportunities for investing in Chinese securities, with a focus on the reformed and expanded Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor programs, which now provide the broadest access for managers with alternative investment strategies. The program featured Simmons & Simmons partner Melody (Fan) Yang and David R. Mulle, partner at Seward & Kissel. This article explores their insights. For additional articles relating to raising capital in China, see “New Rule Offers Managers a Way to Raise Capital in China” (Apr. 13, 2017); “How Private Fund Managers Can Access Investor Capital in Hong Kong and China: An Interview With Mayer Brown’s Robert Woll” (Feb. 23, 2017); and “K&L Gates Partners Offer Practical Guidance for Hedge Fund Managers on Raising Capital in Australia, the Middle East and Asia” (Oct. 30, 2014).

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