Citi has recently gained a number of licenses from Chinese financial regulators that have enabled it to do business for foreign investors in the country.
The move forms part of its overall strategy to simplify access to China for institutional investors that have, so far, found it too complicated to invest.
ETF Connect, expected to launch last year, had struggled to overcome a number of technical issues concerning differences in trading and settlement mechanisms.
Ahead of the New Year, we ask industry experts to give their predictions on what to look out for in 2019. We begin with a look at some regional forecasts.
MSCI looks to quadruple the number of China A-Shares into the MSCI Emerging Markets Index in 2019.
It is now more than likely that the London-Shanghai Stock Connect trading scheme will be up and running, with a go-live date pencilled in for December.
Clearstream has become the first international fund services provider that can directly route orders from eligible Hong Kong institutional investors into Mainland China funds.
Regulators grant Standard Chartered domestic fund custody license to provide services to investment products offered by domestic funds and asset managers in China.
BNY Mellon's former country executive for China, Robert Kung, who will be retiring following a five year stint with the global custody bank.
The adoption of the new settlement system could significantly boost foreign investment into the Chinese domestic bond market.