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First seven products approved under MRF scheme

Toby Yiu
Only seven of over 47 fund applications have received the go-ahead under the Hong Kong-China mutual recognition of funds scheme, but several distribution agreements are already in place.
First seven products approved under MRF scheme

Securities regulators in China and Hong Kong have approved the first batch of products under the Hong Kong-China mutual recognition of funds (MRF) scheme, with a number of distribution agreements already in place.

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