The ASIFMA paper suggested allowing investment managers and their lending agents, often global custodians, to carry out securities lending in the markets.
The deal will give China Merchant Bank wider access to international market and supports its growth ambitions.
The increase will signify the latest advancement in the opening up of China’s capital markets to foreign investors.
The plan was highlighted as one of HKEX’s top strategic priorities in order to cater for the needs of Mainland China and international investors.
The newly created role will involve leading Deutsche Bank's securities services strategy in the region, covering mainland China, Hong Kong and Taiwan.
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.