Hong Kong RQFII managers forced to broaden offering
Two market-opening moves by Beijing last month have further reduced the value of RQFII quotas. This is a particular challenge for the offshore arms of mainland fund houses.

The Hong Kong arms of Chinese fund houses are having to broaden their offering beyond renminbi products, as the value of their RQFII quotas – which allow direct investment in mainland securities – is being steadily eroded.
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