1) First, relax -- at least for now. Unless you're reading this from China, you probably don't have much invested in these markets. Foreigners own just 1.5% of Chinese shares, according to Capital Economics. That number is growing, but only very gradually. 2) For Chinese investors, however, it's been a very wild ride.
For the purposes of NMSDC's program, a minority group member is an individual who is a U.S. citizen with at least 25 percent Asian-Indian, Asian-Pacific, Black, Hispanic or Native American heritage. Documentation to support the claim is required.
Note: Non-For-Profit companies DO NOT qualify for any certifications. Ownership by minority individuals means the business is at least 51% owned by such individuals or, in the case of a publicly-owned business, at least 51% of the stock is owned by one or more such individuals.Further, the management and daily operations are controlled by those minority group members.he business must be a for-profit enterprise which physically resides in the United States or one of it territories. Identified Minority groups are generally defined as having an ethnic background consisting of Asian, Black, Hispanic, East Asian Indian and/or Native American.