Last Updated on May 11, 2007 by stlplace
(Update) Here is a Chinese article explains more details. The minimum balance is RMB 300,000 to open an account inside China. Other restrictions apply.
(Original) I was wondering why the Chinese ADRs all rose today. Although I heard the China central bank is allowing domestic bank buy oversea stocks through QDII. This MarketWatch article connected the dots for me. I think this is a small way the goverment tries to divert some money from the red hot domestic stock market, especially the B shares market.