HK-China recognition: a Christmas present for HK?

Dec 10, 2013

The formal signing of the HK-China mutual recognition scheme could be completed this Christmas, believes Citi. It wouldn't then take long for funds to be transferred cross-border.

HK-China recognition: a Christmas present for HK?

The formal signing of the HK-China mutual recognition scheme will likely be a Christmas present for Hong Kong, forecasts Stewart Aldcroft, senior adviser and managing director at Citi.

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