今日上海
银行业准入放宽 外资持股20%上限取消 - 2017年11月27日
Global banks laud removal on cap
INTERNATIONAL banks that have for years been pressing for more access to Chinese capital markets are lauding new regulations that remove caps on foreign ownership of domestic commercial banks, asset management companies, securities firms, fund managers and life insurers.
Zhu Guangyao, vice finance minister, opened the investment door wider in an announcement last week.
Currently, a single foreign investor cannot own more than 20 percent of a bank or an asset manager, and total foreign ownership cannot exceed 25 percent.