Industry
Hedge funds may be allowed direct access to China markets
China eyeing lowering bar for becoming QFII -sources A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry.
China move to tighten funding to hit foreign buyout firms
China yuan funds of overseas PE firms to be treated as foreign. China plans to treat local money raised and managed by global private equity firms as foreign funds, industry sources said on Tuesday, restricting their access to sectors such as media and mining in the world's second-biggest economy.
India slashes capital gains tax for PE investors
India will slash the tax on long-term capital gains for private-equity investors to 10 percent from 20 percent, a finance ministry statement said on Monday.
U.S. sees reform push in China moves on brokerage JVs
China will raise foreign ownership limits in domestic joint venture securities firms and allow them to trade commodities and financial futures in a move to further liberalize the country's capital markets, a senior U.S. official said.