ChangeLab became the only Russian representative at the ASIFMA conference in China

On May 25, ChangeLab became a participant in the annual ASIFMA (Association for Financial Markets of Asia) annual conference - China Capital Markets Conference 2022
Participants, speakers and moderators actively discussed the mechanisms for investing in China, new tools and prospects, as well as the easing of regulation in the field of obtaining special statuses for investors: QFII, QDII, QLPI.
Bank of China noted that companies with assets of 5 million yuan can now obtain the status of a qualified institutional investor. In turn, colleagues from China International Capital Corporation (CICC) confirmed that the number of applications for investment in China increased by 120% in 2021, and the number of players who received overseas investment quotas in China exceeded 100 companies.

ChangeLab CEO, Nikita Timokhin, noted the expansion of the number of investment instruments:
“China has not only liberalized the licensing process, but also expanded the types of instruments: for example, at the end of 2021, investors with QFII status received approval from the Chinese regulator to purchase commodity futures. And in May 2022, ETFs are available for purchase for Stock Connect members.”

ChangeLab is the only company in Russia that has successfully completed the Qualified Foreign Institutional Investor (QFII) status for a Russian bank.
Moreover, the range of the company's products helps Russian players to enter the interbank market, receive limits and open accounts in various currencies.

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