Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for them to work together on the custody and distribution of a $200 million quota allocation under the Qualified Domestic Limited Partnership (QDLP) scheme.
ADDX partners China Construction Bank on $200M allocation under China’s offshore investment scheme
Singapore's private market exchange ADDX and China Construction Bank (Chongqing and Singapore branches) have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced on Thursday the signing of a memorandum of understanding (MOU) that paves the way for them to work together on the custody and distribution of a $200 million quota allocation under the Qualified Domestic Limited Partnership (QDLP) scheme.
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