Trial Program for Mainland Investors Expires

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Jan. 14 – The document for allowing a trial program that give Chinese individuals direct access to Hong Kong-listed securities  and other global markets gas has expired.

The State Administration of Foreign Exchange issued the document in 2007 allowing mainland Chinese individuals to use the renminbi or foreign currencies to invest in securities markets overseas. Dow Jones reports it was part of efforts to develop the mainland’s foreign-exchange management system.

The agency also announced that 18 other document have passed their expiry dates recently.