Asset Services
Experts dismiss back-office shift to Shenzhen
By
Georgina Lee
|
25 July 2012
Keywords:
hkma
|
shenzhen
|
qianhai
|
ndrc
|
private equity
|
bnp
|
mayer brown
|
offshore renminbi
|
cny
|
rmb
A proposal by the HKMA that urges asset managers in Hong Kong to move back-office functions to Qianhai is over ambitious and won't work without incentives, say industry figures.
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