Core Viewpoint - The China Securities Regulatory Commission (CSRC) Chairman Wu Qing highlighted the steady expansion of high-level institutional opening in the capital market over the past five years, emphasizing the balance between openness and security [2] Group 1: Capital Market Reforms - The "14th Five-Year Plan" period will see the complete removal of foreign ownership limits for industry institutions [2] - Improvements will be made to the Qualified Foreign Institutional Investor (QFII) system and the interconnectivity mechanisms such as Shanghai-Hong Kong Stock Connect, Shanghai-London Stock Connect, and mutual recognition of funds [2] - A comprehensive overseas listing filing system will be established, along with the introduction of the "Five Measures to Benefit Hong Kong" to support Hong Kong's status as an international financial center [2] Group 2: Foreign Investment and Market Growth - During the "14th Five-Year Plan" period, 13 foreign-controlled securities, fund, and futures institutions have been approved to operate in China [2] - Foreign ownership in A-shares has reached a market value of 3.4 trillion yuan [2] - A total of 269 companies have listed overseas, indicating an expanding "circle of friends" for China's capital market [2]
证监会主席吴清:外资持有A股市值3.4万亿元
Hua Xia Shi Bao·2025-09-22 10:26