BusinessChinese Savers Gain Easier Access to US Stocks via Beijing-Approved Fund
Chinese savers can now invest in US stocks like Nvidia through a Beijing-approved fund, avoiding offshore brokerage accounts. This shift comes as Chinese households seek alternatives amid low deposit rates below 1% and crackdowns on unlicensed overseas trading. The Hong Kong-based Pictet Strategic Income fund, favored by mainland investors, grew from $1.6 billion to $5.1 billion this year, reflecting this new regulated investment channel.
Mint Markets·




