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China funds approved to buy HK shares on Stock Connect

Chinese mutual funds have been given permission to buy Hong Kong-listed shares through Stock Connect without the need of a QDII licence. The move is seen as a bid to boost southbound trades through the cross-border link.
China funds approved to buy HK shares on Stock Connect

Chinese mutual funds have been given approval to invest in Hong Kong-listed shares through Stock Connect, as part of attempts to liberalise its markets. 

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