China's Forex Regulator Will Relax Restrictions On Upfront Costs For Overseas Direct Investment; Will Facilitate Payment And Use Of Equity Transfer Funds And Funds Raised From Overseas Listing Under Domestic Reinvestment Of Foreign-invested Enterprises
Portfolio Pulse from Charles Gross
China's forex regulator plans to ease restrictions on upfront costs for overseas direct investment. This move will also facilitate payment and use of equity transfer funds and funds raised from overseas listing under domestic reinvestment of foreign-invested enterprises.
July 24, 2023 | 10:56 am
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The easing of restrictions by China's forex regulator could potentially increase foreign investment in China, which may positively impact the iShares China Large-Cap ETF (FXI).
The easing of restrictions on upfront costs for overseas direct investment by China's forex regulator could attract more foreign investors. This increased foreign investment could potentially boost the performance of companies within the iShares China Large-Cap ETF (FXI), leading to a positive impact on the ETF's performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80