PRC banks allowed greater overseas investment

Partner Matthew Barnard and senior associates Andrew Shiu and Julian Donnan look at measures to further liberalise the investment regime in the People’s Republic of China (PRC) by providing greater access to overseas markets to certain qualified domestic investors.

Andrew Shiu and Julian Dornan, senior associates, and Matthew Barnard, partner, Allens Arthur Robinson

What does this mean for you?

• The PRC Government’s commitment to expand capital outflow and to relieve upward pressure on the Chinese yuan creates further opportunities for foreign financial institutions, such as investment managers, custodians and trustees, to assist PRC domestic institutions to access a broader range of products in overseas capital markets, particularly in Hong Kong.