everbright prestige capital receives the qdie qualification

business related 14 jan 2015
7 january 2015 – china everbright limited (“cel”) is delighted to announce that its subsidiary, everbright prestige capital asset management company limited has received its qualified domestic investment enterprise (qdie) pilot qualification from shenzhen municipal government.

the qdie aims to provide a cross-border investment channel for qualified domestic investors, as well as to explore the two-way free flow of rmb capital accounts. shenzhen qianhai district’s pilot qualification of qdie has stringent requirements on foreign fund management companies, such as a valid license issued by registered regulators, experiences in fund management operations, full compliance of regulatory ordinances and no record of regulatory breaches, etc.

the qdie qualification will help cel increase its asset management scale and further solidify cel’s cross-border asset management platform and business by capturing the robust opportunities arising from the capital inflow and outflow in china.

cel has received the cross-border investment qualifications of qfii, rqfii, qdii as well as the qualification of investment in china interbank bond market. the qdie qualification marks another breakthrough in cel’s cross-border asset management business, and the company will further strengthen its business channels under this perspective.