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China's financial institutions attracts US$2.4b in foreign equity investment in Q4

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China's financial institutions, including banks, attracted US$2.4 billion in net foreign equity investment in the last quarter of 2014, according to data released by the State Administration of Foreign Exchange on Wednesday.

[BEIJING] China's financial institutions, including banks, attracted US$2.4 billion in net foreign equity investment in the last quarter of 2014, according to data released by the State Administration of Foreign Exchange on Wednesday.

Meanwhile, Chinese financial firms made a combined US$3.23 billion in net outbound equity investment over the same period, SAFE said on its website.

SAFE started to release data on investment flows in the financial sector on a quarterly basis from 2012.

REUTERS

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