Private securities fund management businesses are now open for foreign investors: Access and Opportunity
Private securities fund management businesses are...
China Tax Alert - Issue 24, July 2016
On 30 June 2016, Asset Management Association of China issued “Q&A on private securities fund registration (No. 10)” (“Q&A 10”), allowing qualified Wholly Foreign-Owned Enterprises (“WFOE”) and Sino-foreign joint venture enterprises to set up private securities fund management institutions to carry out private securities fund management business, including investments in securities on secondary market. The Q&A 10 also specified the entry conditions and procedure.
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