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Chinese fund firms drive big rise in HK licences

Joe Marsh
Around 200 mainland firms have won approval to run asset management businesses in Hong Kong in the past year. But concerns have been raised about the inflow of such players.
Chinese fund firms drive big rise in HK licences

Hong Kong is seeing a sharp jump in the number of asset management licences handed out, mostly driven by applications by mainland Chinese firms, but there are concerns both about the source of these companies’ investor capital and their potential impact on the local stock market.

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