Until the end of 2003, the domestic equity market in China was completely closed to foreign investment, according to Aaron Boesky, CEO of Marco Polo Pure Asset Management.
The only way to invest in Chinese equities was through companies with share listings on foreign exchanges including London, Hong Kong and the Nasdaq. These listings, which make up the greater China universe, were well known to foreign investors when the company was preparing to launch Marco Polo.
With the launch of the qualified
The week on Risk.net, July 14–20, 2017Receive this by email