Core Viewpoint - The Hainan Free Trade Port will officially start its full island closure operation on December 18, with significant progress made in financial preparations to enhance openness [1] Group 1: Financial Preparations - The People's Bank of China Hainan Branch has been actively promoting financial reform and innovation to support the free trade port's closure operation [1] - The multi-functional Free Trade Account (EF Account) has been successfully launched, with 10 banks participating and 483 accounts opened, facilitating a total fund flow of 172.6 billion RMB as of July 28 [2] Group 2: Cross-Border Asset Management Pilot - The implementation details for the cross-border asset management pilot were released, effective from August 21, with a 180-day initial trial period [3] - The pilot allows global foreign institutions and qualified foreign individual investors to invest in various financial products, enhancing the diversity of investment subjects [3] - The initial net inflow limit for foreign investors purchasing pilot asset management products is set at 10 billion RMB, with potential adjustments based on market conditions [4]
人民币国际化再落子 海南自贸港跨境资管试点启动在即
Shang Hai Zheng Quan Bao·2025-07-30 18:03