China introduces registration for hedge funds

A welcome mat in front of a door
China welcomes hedge funds with new registration regime

Hedge funds will be recognised in mainland China under changes to the laws governing investment funds.

The amendments to the Securities Investment Funds Law will be effective from June 1, 2013 and will enable hedge funds to raise funds legitimately in mainland China for the first time.

Under the previous version of the law enacted in 2003, the term ‘securities' only applied to stocks, bonds and shares in regulated mutual funds, leaving no place for hedge funds or other private funds.

The updated

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