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S-Reits may gain if China citizens allowed to invest in securities abroad

Published Thu, Feb 25, 2021 · 05:50 AM
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Singapore

SINGAPORE'S real estate investment trusts (S-Reits) could benefit if China changes its rules to allow its citizens to invest in overseas equities.

The mainland is considering easing capital controls to allow its citizens to invest in overseas securities and insurance products, a senior foreign exchange official said last Friday.

The State Administration of Foreign Exchange (SAFE) will conduct a study to see if it can allow domestic investors to use their annual forex quota for purchases of secu…

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