HK-China ‘on brink’ of mutual recognition
The SFC’s Alexa Lam and CSRC’s Xu Hao discuss the timing of the HK-China passport scheme, indicating the launch will follow the RQFII model and could be imminent.
.jpg&c=1&h=677&q=100&v=20244014&w=1204)
The launch of HK-China mutual fund recognition is near and will secure Hong Kong’s position as the world’s premier offshore RMB hub, Alexa Lam of the city’s securities regulator told a forum.
But for Hong Kong’s asset management industry to flourish, it needs to augment traditional strength in fund distribution with investment portfolio management and professional services provision, she stressed.
Lam (pictured), deputy CEO of the Securities and Futures Commission (SFC), was …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.