Free Trial

China's State Administration of.........>

CHINA PRESS
MNI (London)
CHINA PRESS: China's State Administration of Foreign Exchange (SAFE) and the
PBOC said Tuesday that foreign employees at domestic listed companies can
participate in A-share equity incentive schemes, using either funds earned in
China or transferred in from overseas, the Securities Daily reported Wednesday.
- Foreign workers can now also directly process cross-border payments and fund
transfers at banks without applying for a prior approval as long as they have a
registration certificate, the Daily added.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.